Consider an investment where $49,000 is invested for 10 years at 8% compounded continuously. a) How much will this investment be worth after 10 years? (Round your answer to the nearest cent.) $ _____...

Consider an investment where $49,000 is invested for 10 years at 8% compounded continuously.

a) How much will this investment be worth after 10 years? (Round your answer to the nearest cent.)

$ _____

b) What is the total amount earned in compound interest? (Round your answer to the nearest cent.)

$ _____

Jun 04, 2022

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