## anonymous one year ago Find the total amount of an investment of $5000 at 6% interest compounded continuously for 8 years. Round your answer to the nearest hundredth. Enter the answer as the example:$1234.56

Non-continuous compounding: $$\Large F = P\left(1 + \dfrac{r}{n}\right)^{nt}$$ F = future value P = present value r = interest rate per period n = number of periods per year t = number of years Continuous compounding: $$\Large F = Pe^{rt}$$ F = future value P = present value r = annual interest rate t = number of years