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Earn +20 ptsQ: What is the effective annual rate of 14.9 percent compounded continuously?
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Continue Learning about Other Math
What is the effective annual rate of 12 percent compounded monthly?
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What is the effective annual rate of 8 percent interest that is compounded monthly?
0.67 percent
What is the effective annual rate of 6.3 percent compounded monthly?
6.485% (rounded)
What is the present value of 10000 in 10 years at 6 percent annual rate compounded continuously?
There is no such thing as "compounded continuously". No matter how short it may be, the compounding interval is a definite amount of time and no less.
Suppose you invest 1600 at an annual interest rate of 5.5 percent compounded continuously How much will you have in the account after 25 years?
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