Need help on this!!! 7 points!!!
![Need help on this 7 points class=](https://us-static.z-dn.net/files/d5e/73b51ccffe0ede024fc003584348d92e.png)
Answer:
P= $226,863.29
Step-by-step explanation:
Compounded Continously means
P= P₀e^(rt)
plug in givens
P=(47000)e^(0.0926*17)
Use Calculator
and get P= $226,863.29
Answer:
$226,863.29
Step-by-step explanation:
P = $47,000
r = 0.0926
t = 17
A = [tex]47,000(2.718)^{(0.0926)(17)}[/tex]
A = $226,863.29