Suppose you invest $600 at an annual interest rate of 6.8% compounded continuously. How much will you have in the account after 5 years? A. $5,921.63 b. $842.97 c. $554.53 d. $3,211.10

b. $842.97

Step-by-step explanation:

The computation of the amount after 5 years in the case of compounded continuously is as follows:

= Invested amount × e^{rate × time period}

= $600 × e^{6.8% × 5}

= $600 × e^ 0.34

= $600 × 1.404947591

= $842.97

Hence, the amount after 5 years in the case of compounded continuously is $842.97

false

step-by-step explanation:

whenever we assume a point on a plane then according to geometry it will definitely have 2 dimensions and if it assumed in space then it will have 3 dimensions.