How much would $600 invested at 8% interest compounded continuously be worth after 3 years? Round your answer to the nearest cent.
a(t)=P*e^rt

A. $771.14
B. $755.83
C. $744.00
D. $762.75

Question

How much would $600 invested at 8% interest compounded continuously be worth after 3 years? Round your answer to the nearest cent. 
a(t)=P*e^rt


 		A.	$771.14
 		B.	$755.83
 		C.	$744.00
 		D.	$762.75

anonymous · Answer

@triciaal Could u help me?
just walk me through this to get the answer

anonymous · Answer

or @Daniellelovee

daniellelovee · Answer

Just replace your values into the equation

anonymous · Answer

yea i get that but when i replace em i get confused... :-/

daniellelovee · Answer

ok t=time =3years
p=principlal amount =$600
r=rate=8%=0.08

daniellelovee · Answer

so now you write what you think the equation looks like once the numbers are replaced into the formula

daniellelovee · Answer

if you are confused just say so @Tallan

anonymous · Answer

hold on..

daniellelovee · Answer

ok

triciaal · Answer

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