Answer:
14,899
Step-by-step explanation:
Find the value of t, then put that in the formula and do the arithmetic.
To find t, we need to find how many years 2039 is after 1988. This is done by subtraction:
... t = 2039 - 1988 = 51
Now, we put 51 into the formula where t is, then do the math.
... P(51) = 2500×e^(0.035×51)
... = 2500×e^1.785 . . . . . scientific calculators have a button for this
... ≈ 2500×5.95958
... ≈ 14,898.9 ≈ 14,899
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If your calculator doesn't do the exponential function, you can use a Google search box to do it.
