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OpenStudy (anonymous):
How much would $600 invested at 8% interest compounded continuously be worth after 3 years? Round your answer to the nearest cent.
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OpenStudy (anonymous):
first we need to find what 8% of 600 would be do you know how we would do that?
OpenStudy (anonymous):
its 48
OpenStudy (anonymous):
ok now thats for 1 year and we need for 3
OpenStudy (anonymous):
http://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.418767.html I may have been doing the question wrong this one seems more accurate
OpenStudy (anonymous):
thank you
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