$\"\"$

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(a)

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Find Investment worth where investment compounded continuously :

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If a principal $\"\"$ is invested at an annual interest rate $\"\"$ compounded continuously, then the balance $\"\"$ in the account after $\"\"$ years is given by $\"\"$ .

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Here $\"\"$ , $\"\"$ , and $\"\"$ .

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Substitute corresponding values in $\"\"$ .

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$\"\"$

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$\"\"$

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Find Investment worth where investment compounded monthly :

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If a principal $\"\"$ is invested at an annual interest rate $\"\"$ compounded $\"\"$ times a year, then the balance $\"\"$ in the account after $\"\"$ years is given by $\"\"$ .

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Here, $\"\"$ , $\"\"$ , $\"\"$ , and $\"\"$ .

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Compounded monthly so the $\"\"$ value is $\"\"$ .

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Substitute the values $\"\"$ , $\"\"$ , $\"\"$ , and $\"\"$ .

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$\"\"$

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$\"\"$ .

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$\"\"$

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(b)

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Find investment for $\"\"$ years when compounded continuously.

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Here $\"\"$ and $\"\"$ % and $\"\"$ .

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$\"\"$

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$\"\"$ .

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$\"\"$

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(a)

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Investment worth when compounded continuously is $\"\"$ .

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Investment worth when compounded monthly is $\"\"$ .

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(b)

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investment for $\"\"$ years when compounded continuously is $\"\"$ .