The amount $600 would be after 3 years at 8% interest compounded continuously is $755.83
How to calculate compound interest?
Compound interest are amount of money added on amiunt invested.
Given the following parameters
P = $600
r = 8% = 0.08
t = 3 years
Using the compound interest formula
A(t) = Ao(1+r)^t
A(t) = 600(1.08)^3
A(3) = $755.83
Hence the $600 would amount to after 3 years at 8% interest compounded continuously is $755.83
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