PLEASE HELPP!! An initial amount of money is placed in an account at an interest rate of 5% per year, compounded continuously. After five years, there is $3287.11 in the
account. Find the initial amount placed in the account. Round your answer to the nearest cent.

9514 1404 393

  $2560.00

Step-by-step explanation:

The account balance is given by the formula ...

  A = Pe^(rt) . . . . principal P invested at rate r for t years

Filling in your numbers, we have ...

  $3287.11 = Pe^(0.05·5)

  P = $3287.11e^(-0.25) = $2560.00

The initial amount was $2560.00.

answer: b.

step-by-step explanation:

the y coordinate for point b is 0, and answer b is the only one with that y coordinate.

for this case we must apply distributive property to the following expression:

the distributive property states that:

then, when applying the property we have to multiply the -2 for each term within the parenthesis: