Question:

You invest $125,000 in an account that earns 4.75% annual

Last updated: 7/21/2022

You invest $125,000 in an account that earns 4.75% annual

You invest $125,000 in an account that earns 4.75% annual interest, compounded continuously. a. What is the value of the account after 15 years? b. What is the value of the account after 30 years?