ChereeDevick297 ChereeDevick297
  • 17-07-2014
  • Mathematics
contestada

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

Respuesta :

Katarina4
Katarina4 Katarina4
  • 09-04-2019

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

Answer Link

Otras preguntas

Which of the following is characteristic of an epic hero? a. An epic hero must have at least one parent that is a god. b. An epic hero must have no human frai
Which sentence is written correctly? a. Zachary held his breath longer than any swimmer on his team. b. Nobody was as tired as Deepak was. c. Howard collecte
Use a calculator to evaluate cot π/5. the answers are 0.561 1.376 91.185 or 32.142, which one is it???
Use a calculator to evaluate cot π/5. the answers are 0.561 1.376 91.185 or 32.142, which one is it???
Determine whether the system of linear equations has one and only one solution, infinitely many solutions, or no solution. Find all solutions whenever they exis
facts about decoupage
Which of the following is Half of 2330? a. 1010 b. 983 c. 1153 d. 1166 e. 350 f. None
3/8+5/16 in lowest terms
14 less than the product of 12 and 7
Write 0.00605 in scientific notation. A) 6.05 x 10^-3 B) 6.05 x 10^-4 C) 6.05 x 10^-2 D) 6.05 x 10^-5