# SOLUTION: How much would \$100 invested at 8% interest compounded continuously be worth after 15 years? Round your answer to the nearest cent. Do not include units in your answer.

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 Click here to see ALL problems on Exponential-and-logarithmic-functions Question 204844: How much would \$100 invested at 8% interest compounded continuously be worth after 15 years? Round your answer to the nearest cent. Do not include units in your answer. Answer by Alan3354(30993)   (Show Source): You can put this solution on YOUR website!How much would \$100 invested at 8% interest compounded continuously be worth after 15 years? Round your answer to the nearest cent. Do not include units in your answer. ---------------- For continuous compounding, use e^rt FV = \$100*(e^rt) FV = \$100*e^(0.08*15) FV = \$100*e^1.2 FV = \$100*3.320117 FV = \$332.01