What will the value of an account (to the nearest cent) be after 8 years if $100 is invested at 6.0% interest compounded continuously? O A. $849.47 O B. $159.38 O C. $161.61 O D. $175.32
What will the value of an account (to the nearest cent) be after 8 years if $100 is invested at 6.0% interest compounded continuously? O A. $849.47 O B. $159.38 O C. $161.61 O D. $175.32
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:What will the value of an account (to the nearest cent) be after 8 years if $100 is invested at 6.0% interest
compounded continuously?
A. $849.47
B. $159.38
C. $161.61
O D. $175.32
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