How much would Sophie have in her account at the end of 10 years if she deposit $2,000 into the account today if she earned 8 percent interest and interest is compounded continuously?

A) $4,317
B) $4,134
C) $4,451
D) $4,521

C

Business

You might also like to view...

The production of 150 units during a 480-minute work shift results in a takt time of:

A) 150 seconds. B) 192 seconds. C) 120 seconds. D) 18.8 seconds.

Business

Cash planning involves the preparation of a firm's cash budget. Without adequate cash—regardless of the level of profits—any firm could fail

Indicate whether the statement is true or false

Business