How much would $500 invested at 5% interest compounded continuously be worth after 8 years? round your answer to the nearest cent.

a. $738.73
b. $709.58
c. $700.00
d. $745.88

Okay so the equation for compound interest is A = P(1 + r/n)^nt.

P = principal amount (the initial amount you borrow or deposit)

r  = annual rate of interest (as a decimal)

t  = number of years the amount is deposited or borrowed for.

A = amount of money accumulated after n years, including interest.

n  =  number of times the interest is compounded per year 

When interest is compounded continually (i.e. n --> ), the compound interest equation takes the form:P = Ce^rt

So you have to use this formula. 

so C is 500, e is the In function on the calculator, r is 0.05 and t is 8 
Substitute into the formula and you have your answer

Hope this helps

A. p = 2(l + w)p/2 - l = ww = p/2 - l b. while isolating the variable w in the equation, i first divided both sides by 2 and then i subtracted l from both sides. i hope this .

Ugucycucucuvuvjvxyxtxu