Answered

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How much would $100 invested at 8% interest compounded continuously be worth after 15 years? Round your answer to the nearest cent.

Sagot :

Katarina4idn

Answer:

On Apex it is $332.01

Step-by-step explanation:

A(t)=P*e^rt

A(15)=100*e^0.08(15)

A(15)= 332.01

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