SOLUTION: Please help I do not get this problem. Find the accumulated value of an investment of $7500 for 5 years at an interest rate of 7.5% if the money is compounded continuously.

Algebra ->  Finance -> SOLUTION: Please help I do not get this problem. Find the accumulated value of an investment of $7500 for 5 years at an interest rate of 7.5% if the money is compounded continuously.      Log On


   

Question 932003: Please help I do not get this problem.
Find the accumulated value of an investment of $7500 for 5 years at an interest rate of 7.5% if the money is compounded continuously.
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
FV=7500(2.7183)^(0.075*5)