Situation:
You invest $3,700 in an account that pays an interest rate of 8.25%, compounded continuously.

Calculate the balance of your account after 19
years. Round your answer to the nearest
hundredth.

Enter the correct answer.

Respuesta :

Answer:

$17,740.19

Step-by-step explanation:

A = P x e^rt

   = 3,700 x e^(0.0825 x 19)

   = $17,740.19