qpnr2grrvy
Answered

Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Find reliable answers to your questions from a wide community of knowledgeable experts on our user-friendly Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

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
D. $584.43

Sagot :

sqdancefan

9514 1404 393

Answer:

  D.  $584.43

Step-by-step explanation:

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

  A(17) = 150·e^(0.08·17) = 584.43

We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.