pandoracutiez pandoracutiez
  • 23-11-2020
  • Mathematics
contestada

How much would $125 invested at 8% interest compounded
continuously be worth after 16 years? Round your answer to
the nearest cent.

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Respuesta :

heaven12212007
heaven12212007 heaven12212007
  • 23-11-2020

Answer:

A=Pe^(rt)

Fill in principal, rate as a decimal and time in years. Use 'e' on the calculator.

$449.58

Answer Link
craftyclub4u craftyclub4u
  • 06-07-2021

$125 invested at 8% interest compounded continuously would be worth $449.58 after 16 years

Ver imagen craftyclub4u
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