How much would $125 invested at 8% interest compounded continuously be worth after 16 years? Round your answer to the nearest cent. Do not include units in your answer.
The formula is A=p e^rt A future value? P present value 125 E constant R interest rate 0.08 T time 16 years A=125×e^(0.08×16) A=449.58 round your answer to get A=450
