Assume You Could Invest $25,000 at a Continuously Compounded Rate

question 97

Multiple Choice

Assume you could invest $25,000 at a continuously compounded rate of 10 percent.What would your investment be worth at the end of 50 years?

• A)$2,933,054
• B)$3,500,824
• C)$3,911,215
• D)$3,710,329
• E)$3,648,029

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Definitions:

Parallel Structure

The use of the same pattern of words or similar grammatical constructions in a sentence or series of sentences to ensure clarity and balance.

Sentence Variety

The practice of varying the length, structure, and type of sentences within a piece of writing to enhance readability and interest.

Concise Language

The use of few words without sacrificing clarity, ensuring that communication is clear and to the point.

Seaquake

An earthquake that occurs under the seabed, often causing significant disturbances in the ocean which can lead to tsunamis.