An initial investment amount P an annual interest rate r and

Last updated: 9/25/2023

An initial investment amount P an annual interest rate r and a time t are given Find the future value of the investment when interest is compounded a annually b monthly c daily continuously Then find e the doubling time T for the given interest rate P 1500 r 2 95 t 8 yr a The future value of the investment when interest is compounded annually is Type an integer or a decimal Round to the nearest cent as needed b The future value of the investment when interest is compounded monthly is Type an integer or a decimal Round to the nearest cent as needed c The future value of the investment when interest is compounded daily is Type an integer or a decimal Round to the nearest cent as needed d The future value of the investment when interest is compounded continuously is Type an integer or a decimal Round to the nearest cent as needed e Find the doubling time for the given interest rate T yr C