Lux Investing

Home > Value Investing Information > Value Investing Knowledge Base > What will the value of an account (to the nearest cent) be after 8 years if $100 is invested at 6.0% interest?

What will the value of an account (to the nearest cent) be after 8 years if $100 is invested at 6.0% interest?

What will the value of an account (to the nearest cent) be after 8 years if $100 is invested at 6.0% interest compounded continuously? a. $161.61 b. $175.32 c. $849.47 d. $159.38

Public Comments

  1. a $161.61
  2. A. FV = limit P(1 + 1/m)Ymr m>oo
Powered by Yahoo! Answers