7
John wants to invest $10,100.00 at a local bank. The
investment will earn an annual percent...
Mathematics, 15.10.2020 14:01 Colorfulpolkadots
7
John wants to invest $10,100.00 at a local bank. The
investment will earn an annual percentage rate of 4.5%
compounded continuously for 5 years. Unfortunately, a
mistake was made and the depoßit was only for $10,000.00.
How much money did John lose because of this error? Use
A = Pen to calculate the future value of the investment.
A $225.10
B $53,45
CS181.25
DS125.23
Answers: 3
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