Does anybody know how to type this in the calculator? FVN = PVersN = 100,000e0.02×4 = 108,328.71 I keep getting a different result. A client keeps USD 100,000 in a bank account that pays a stated annual interest rate of 2.00%. Assuming no additions or withdrawals, how much will the client have in the account at the end of four years if the interest compounds continuously?

I get this: USD 100,000 × 1.024 = USD 100,000 × 1.08243216 = USD 108,243 The keystrokes I use are: 100000 x ( 1.02 yx 4 ) =

Add A Reply Login Sign Up This topic has 1 reply, 2 voices, and was last updated Jun-219:26 am by Zee Tan. Author Posts Carolina.mtzParticipant CFA Level 1 22 Jun 2021 at 2:03 am Up5:: Does anybody know how to type this in the calculator? FVN = PVersN = 100,000e0.02×4 = 108,328.71 I keep getting ... Read more

I get this: USD 100,000 × 1.02 4 = USD 100,000 × 1.08243216 = USD 108,243 The keystrokes I use are: 100000 x ( 1.02 y x 4 ) =

This topic has 1 reply, 2 voices, and was last updated Jun-219:26 am by Zee Tan.

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