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How much would $125 invested at 8% interest compounded continuously be worth after 16 years? Round your answer to the nearest cent. A(t)= P*e^rt

How much would $125 invested at 8% interest compounded continuously be worth after 16 years? Round your answer to the nearest cent. A(t)= P*e^rt
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3 votes
How much would $125 invested at 8% interest compounded continuously be

worth after 16 years? Round your answer to the nearest cent.
A(t)= P*e^rt

asked
User Daniu
by
7.9k points

1 Answer

1 vote

Answer:

449.58

Explanation:

125e^(0.08)(16)

use desmos scientific caclulator

answered
User Dleerob
by
8.5k points
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