A $50,000 investment is compounded continuously at 6.35% for 25 years? What is the maturity value of the investment? How much interest was earned by the investment?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 15PROB
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A $50,000 investment is compounded continuously at 6.35% for 25 years?

  1. What is the maturity value of the investment?
  2. How much interest was earned by the investment?
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