Which amounts represents the end value of investing $80,000 for 3 years at a continuously compounded rate of 12%?
I am not sure how to calculate a problem which has continuous compounding - I know you have to use the e function, but I do not understand or know how.. Can I just substitute the value of e into the forumla?© BrainMass Inc. brainmass.com June 3, 2020, 6:32 pm ad1c9bdddf
With continuous compounding the formula is
Future value = ...
The expert examines continuously compounding values of investing.