If $10,000 is invested in an account at 5% per year, find the amount of the investment at the end of 12 years for the following compounding methods.
(a) Continuously
(b) Daily
(a) $18221.19
(b) $18220.44
Mathematics
You might also like to view...
Simplify.
A. -y
B. 
C. 
D. 
Mathematics
Sketch the given surface.x2 + y2 = 9
What will be an ideal response?
Mathematics
Graph the exponential function.y = 
x + 1 
A. 
B. 
C. 
D. 
Mathematics
Provide an appropriate response.The payoff table for three possible courses of action A1, A2, and A3 is given below.pi?A1xi?A2xi?A3xi?.3$70$40$50.2$100$120$110.1$160$140$90.4$80$140$160Which course of action will produce the largest expected value? What is it?
What will be an ideal response?
Mathematics