Alex plans to invest 5 000 for 8 years at State Bank that

Last updated: 4/22/2023

Alex plans to invest 5 000 for 8 years at State Bank that offers an annual rate of 4 8 compounded continuously How much interest is earned by the end of the 8 years 2 340 73 5 000 00 7 340 73 8 213 00 Question 5 18 points Which investment would be worth the most after 15 years An initial investment of 5000 compounded semi annually at a rate of 6 after 15 years An initial investment of 5000 compounded quarterly at a rate of 5 9 after 15 years 6500