Maria invests $6,154 in a retirement account with a fixed annual interest rate of 8% compounded continuously. what will the account balance be after 10 years?

approximately $13,695.98

Step-by-step explanation:

Your formula is A=Pe^rt

A is what you're looking for, the amount/account balance in $

P is the principal aka what you put into the account: $6,154

e is the mathematical constant. You'd plug that into your calculator.

r is the rate, you'd put it into the equation as a decimal: 8%=.08

t is the time in years: 10

A= 6154e^.08x10 you can plug this into your calculator

A= $13,695.98

answer: the first graph

step-by-step explanation:

step-by-step explanation:

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