Question 4 18 points The equation for compound interest is A

Last updated: 3/30/2023

Question 4 18 points The equation for compound interest is A P er t where P is the initial amount invested r is the interest rate as a decimal and t is the number of years Determine the value of the account if the initial investment is 8 000 compounded continuously at a rate of 6 after 10 years O 16 097 57 14 576 95 O 14 326 78 O 8480 00 Question 5 18 points If the rate of an investment is 5 the time is 12 years and the principle is 500 which investment would be worth the most Simple Interest