Question 1103276
Compound interest formula
P=Po(1+r/n)^nt
Po=25000
r=0.09
t=5
n=1 for annual  25000(1+.09)^5=$38465.60
2 for semi annual 25000(1.045)^10=$38824.24
365 for daily $39205.63
P=Poe^rt for continuous compounding. $39207.80