a If 80 000 is invested at 8 compounded annually find the

Last updated: 6/23/2023

a If 80 000 is invested at 8 compounded annually find the future value in 2 years 93312 Simplify your answer Round to the nearest cent as needed b If 80 000 is invested at 8 interest compounded continuously the future value is 93 880 87 How does this compare to the result from par The amount found with continuous compounding yields more Round to the nearest cent as needed