Use Compound Interest Formulas
Use the Compound Interest Formulas A A =

question 104

Multiple Choice

Use Compound Interest Formulas
Use the compound interest formulas A $$A = P \left( 1 + \frac { r } { n } \right) \text { and } A = P e ^ { r t } \text { to solve }$$
-Suppose that you have $11,000 to invest. Which investment yields the greater return over 9 years: 7.5% compounded continuously or 7.6% compounded semiannually?

• A)$11,000 invested at 7.5% compounded continuously over 9 years yields the greater return.
• B)$11,000 invested at 7.6% compounded semiannually over 9 years yields the greater return.
• C)Both investment plans yield the same return.

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Definitions:

Radioactive Isotope

An isotope of an element that has an unstable nucleus and emits radiation during its decay to a stable form.

Fluorodeoxyglucose

A radioactive tracer used in positron emission tomography (PET) imaging to observe metabolic processes in the body.

Positrons

Antiparticles of electrons, possessing the same mass as an electron but with a positive charge.

Photon-Emission Tomography

A nuclear medicine imaging technique that produces 3D images of functional processes in the body by detecting pairs of gamma rays emitted indirectly by a positron-emitting radionuclide.