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When interest is compounded continuously, the rate of change of the amount x of the investment is proportional to the amount present. In this case, the proportionality constant is the annual interest rate r (as a decimal) ; that is, . If $2,500 is invested at 7%, compounded continuously, what will be the future value of this investment after 12 years? Round to the nearest cent.
Book Value
Book value is the net value of a company's assets found on its balance sheet, calculated as the total assets minus intangible assets and liabilities.
Par Value
The nominal face value of a security as stated by the issuer, often used in reference to bonds or shares.
Paid-in Capital
Funds raised by a company through the sale of stock or other equity instruments, reflecting the investment made by shareholders.
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