Answered: What is the compound interest if…

What is the compound interest if $110,000 is invested for 6 years at 8% compounded continuously. If needed, round to 2 decimal places.

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter4: Exponential And Logarithmic Functions

Section: Chapter Questions

Problem 94E

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What is the compound interest if $110,000 is invested for 6 years at 8% compounded continuously. If needed, round to 2 decimal places.

**pls help me on a clear worksheet with accurate solution**

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