document.write( "Question 156088: Use the compund interest formulas
\n" ); document.write( "Find the accumulated value of an investment of $8000 at 9% compounded continuously for 4 years.
\n" ); document.write( " $11,466.64
\n" ); document.write( " $11,566.64
\n" ); document.write( " $10,880.00
\n" ); document.write( " $11,292.65
\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #114935 by stanbon(75887)\"\" \"About 
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Use the compund interest formulas
\n" ); document.write( "Find the accumulated value of an investment of $8000 at 9% compounded continuously for 4 years.
\n" ); document.write( "---------------
\n" ); document.write( "A(t) = Pe^(rt)
\n" ); document.write( "A(4) = 8000e^(0.08*4)
\n" ); document.write( "A(4) = 8000*1.377128
\n" ); document.write( "A(4) = $11017.02
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
\n" ); document.write( "
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