Find the Amount Accumulated After Investing a Principal P for T

question 75

Multiple Choice

Find the amount accumulated after investing a principal P for t years at an interest rate r.
-P = $800, t = 4, r = 1% compounded continuously

• A) $832.65
• B) $1027.22
• C) $43,678.52
• D) $1116.49

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Definitions:

δ-hydroxyvaleric Acid

An organic compound that is structurally a hydroxylated form of valeric (pentanoic) acid, where the hydroxyl group is on the δ-carbon.

Compound

A substance made up of two or more different elements chemically bonded together.

Hydrogen-bonded Dimers

Pairs of molecules that are connected by hydrogen bonds, often observed in carboxylic acids and alcohols.

Molecular Weights

The sum of the atomic weights of all atoms in a molecule, representing the mass of a molecule relative to the unified atomic mass unit.