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    College Algebra
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    Exam 4: Exponential and Logarithmic Functions
  5. Question
    Find the Balance If $27,000 Is Invested at an Annual
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Find the Balance If $27,000 Is Invested at an Annual

Question 14

Question 14

Multiple Choice

Find the balance if $27,000 is invested at an annual rate of 6.5% for 4 years, compounded continuously.


A) $115,253.17
B) $34,020.00
C) $28,798.24
D) $20,818.39
E) $35,017.11

Correct Answer:

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