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 =
A = $226,863.29
When putting in the function into desmos, you must put it as (ex: y=30000*(1.04)^x)
Desmos does not recognize other letters than x and y.