What Is the Future Value of Investing $9,000 for 7

question 68

Multiple Choice

What is the future value of investing $9,000 for 7 years at a continuously compounded rate of 11%?

• A) $15,930.00
• B) $18,685.44
• C) $19,369.83
• D) $19,437.90
• E) None of these.

---

Definitions:

Word

A basic unit of language that carries meaning and consists of one or more morphemes.

Blog Posts

Articles or entries posted on a blog, serving as a platform for writers to publish their thoughts, research, or commentary online.

Project Planning Tools

Software or methodologies used for outlining, scheduling, and tracking the progress of a project.

Gantt Charts

A visual project management tool that maps out tasks and timelines on a horizontal bar chart, showcasing project schedules.