The Compound Amount When an Investment Is Compounded Continuously Is

question 19

Multiple Choice

The compound amount when an investment is compounded continuously is A = Peni Where A = compound amount, P = original principal, n = number of years, and i = interest rate per year. Let P = 1000, I = 0.1, and n = 5, then find A.

• A)$13,189.77
• B)$3297.44
• C)$6594.89
• D)$1,648.72

---

Definitions:

Repairs

Actions taken to restore something damaged or deteriorated to a good or sound condition.

Property Taxes

Taxes levied by local governments on real estate based on the value of the property.

Book Value

The net value of a company's assets minus its liabilities and preferred stock, often compared to its market value.

Operating Cash Flow

The cash generated from a company’s normal business operations, indicating its ability to generate sufficient revenue to maintain operations.