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How much would $600 invested at 8% interest compounded continuously be worth after 3 years?
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5 votes
How much would $600 invested at 8% interest compounded continuously be worth after 3 years?

User Sergio Basurco
by
7.1k points

1 Answer

6 votes

Answer:

755.8272

Explanation:

8 +100 =108/100= 1.08

1.08^3 = 1.259712

1.259712 x 600 = $755.8272

User David Fullerton
by
7.2k points
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