Carson invested $100 in a 8-year CD that earns 13% annual interest that is compounded continuously. How much will the CD be

Question

Carson invested $100 in a 8-year CD that earns 13% annual interest that is compounded continuously. How much will the CD be worth at the end of the 8-year term? Include a dollar sign in your answer and commas when appropriate. Round to the nearest cent.
Provide your answer below:

Kunduz · Accepted Answer

Click to see the answer