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If $4,000,000 is invested at 5% interest compounded continuously, how much
will the investment be worth in 25 years?
O A. $13,748,434.88
O B. $13,925,161.81
O C. $13,961,371.83
O D. $13,853,617.10
SUBMIT

Respuesta :

ebunnext2u

Answer:$13,925,161.81

Step-by-step explanation:

A=P(1+r/n)^nt

A=amount

P=Principal

R =rate in decimal

T=time

N=number of times compounded at period t

A=4000000(1+0.05/12)^12×25

=4000000(1.0041666)^300

=4000000(3.4812835183479)

=$13,925,161.81

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