Use the formula below to find the value of $650 invested at 5% interest compounded continuously for 6 years

$877.41

Step-by-step explanation:

Formula for continuous compounding interest is Pe^(rt) where P is the startign amount, e is the number e, r is the rate and t is how many years.  Let's see if we have all of that.

P = 650

r = .05

t = 6

then just plug it into a calculator.

650 * e^(.05*6) = 877.41

I feel it important to mention  for r if you have it in % you turn it to dcimal form by moving the decimal place left twice, or in other words devide the number by 100.  and t needs to always be in years.  

if you explain the the question more correctly i might be able to answer this better

step-by-step explanation:

your answer is the frist one

hop i