Question

How much would $125 invested at 8% interest compounded

continuously be worth after 16 years? Round your answer to
the nearest cent.

Answer 1

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

Answer 2

A=Pe^(rt)

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

$449.58