What Is the Future Value of $100 Continuously Compounded at a Rate

question 30

Multiple Choice

What is the future value of $100 continuously compounded at a rate of 8% p.a.for 9 months?

• A)$106.18
• B)$108.32
• C)$110.56
• D)$102.56

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Definitions:

Mass media

Media channels including TV, newspapers, and the web that are designed to communicate with wide audiences.

Mass media

Various forms of communication, such as television, newspapers, and the internet, that reach large audiences simultaneously.

Media convergence

The merging of different media channels, such as newspapers, television, and the internet, into a single, integrated communication platform.

Functionalist

A perspective in sociology that views society as a complex system whose parts work together to promote solidarity and stability.