SOLUTION: Evelyn wants to make a 30-month investment of $12,000 into a certificate of deposit that compounds continuously at an annual interest rate of 9.8%. What will be the value of the ce
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Evelyn wants to make a 30-month investment of $12,000 into a certificate of deposit that compounds continuously at an annual interest rate of 9.8%. What will be the value of the ce
Log On
Question 1142136: Evelyn wants to make a 30-month investment of $12,000 into a certificate of deposit that compounds continuously at an annual interest rate of 9.8%. What will be the value of the certificate at maturity? Formula: A=Pe^rt Answer by josmiceli(19441) (Show Source):
