How much would $150 invested at 8% interest compounded continuously be worth after 17 years? Round your answer to the nearest cent. A(t)= P•e^rt A. $471.39 B. $555.00 C. $354.00…

Question

asked Feb 8, 2022 148k views

1 Answer

Corey Goldberg · Answer 1 · 2022-02-12T16:06:02+0000

9514 1404 393

Answer:

D. $584.43

Explanation:

Using the given formula with the given values, we find ...

A(17) = 150·e^(0.08·17) = 584.43