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The correct formula to use for continuous compounding is:
[tex]A=Pe^{rt}[/tex]
where the exponential number e is the base of natural logarithms.
[tex]A=100\times e^{(0.08\times15)=332.01[/tex]
So the amount after 15 years is $332.01
trishgault70707

Answer:

$332.01 is correct via a p e x

Step-by-step explanation:

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