How much would $400 invested at 9% interest compounded continuously be worth after 3 years? round your answer to the nearest cent.
a(t)=p*e^rt
a. $523.97 b. $475.73 c. $508.00 d. $406.60

Answer A:  $523.97

Step-by-step explanation:

Here the principal, P, would be $400; the annual interest rate would be 9%, or 0.09 as a decimal fraction; the elapsed time would be 3 years; and the compound amount is to be calculated using the formula A(t)=P*e^rt.

Then A = $400e^(0.09)^3, or

         A = $400)(1.309) = $523.986, or $523.99  The initial $400 principal would have grown to $523.97 (Answer A is closest).

b

step-by-step explanation:

the option best identifies the textual evidence that supports this conclusion is c.) when an argument is over, how many weighty reasons does a man recollect which his heat and violence made him utterly forget? in order to recognize textual evidence is to identify the topic sentence where the author states the main idea. textual evidence is what supports the topic sentence or main idea of a passage.