Answer:
A\approx 88031
A≈88031
Step-by-step explanation:
\text{Compounded Continuously:}
Compounded Continuously:
A=Pe^{rt}
A=Pe
rt
P=67000\hspace{35px}r=0.039\hspace{35px}t=7
P=67000r=0.039t=7
Given values
A=67000e^{0.039(7)}
A=67000e
0.039(7)
Plug in
A=67000e^{0.273}
A=67000e
0.273
Multiply
A=88031.3164033
A=88031.3164033
Use calculator (with e button)
A\approx 88031
A≈88031
Round to nearest dollar
