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

question 54

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 the above.

---

Definitions:

Sales Conference

An event where professionals meet to discuss strategies, share knowledge, and network to improve sales performance.

Projected Cost Savings

An estimate of the reduction in costs expected to be achieved in future periods through specific actions or initiatives.

Informal Report

A less structured report, often shorter and used for internal purposes, to communicate within an organization without strict adherence to formalities.

Survey Results

The data or outcomes gathered from the administration of a questionnaire to a sample of respondents.