Find the Accumulated Amount After 4 Year(s) If $3,000 Is

question 137

Short Answer

Find the accumulated amount after 4 year(s) if $3,000 is invested at 8% compounded continuously. Round your answer to the nearest cent.
$__________

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Definitions:

Constant Dividends

A fixed amount of dividend that a company pays out to its shareholders regularly, typically annually.

Date of Payment

The specific day on which a financial obligation must be paid, such as the date dividends are distributed to shareholders.

Dividend Payment

A financial distribution by a corporation to its shareholders, typically from the company's earnings.