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solv the two questions please
ution Completion Status QUESTION 1 With incessant compounding for a period of 16 year 1% for what is the estimated future val
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Answer #1

1.

Future value

=25000*e^(11%*36)

=25000*exp(11%*36)

=1,311,433.159

the above is answer..

2.

future value

=1000*(1+10%)^5+4000*(1+10%)^4+9000*(1+10%)^3+5000*(1+10%)^2+2000*(1+10%)^1

=27695.91

the above is answer..

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