An initial amount of money is placed in an account at an interest rate of 3% per year, compounded continuously. After four years, there is $2491.77 in the account. Find the initial amount placed in the account. Round your answer to the nearest cent.

I'm gonna have to say about 13 percent

At a constant it will take one hour to travel 32 mi.at that speed it will take 1/2 hr to travel the remaining 16 mi.it will take 1+1/2 hr to travel the 48mi @ 32mph.so 1 hr = 60 min& 1/2 hr = 30 min1+1/2 hr = 90 min.there are 60s in each 90 × 60 = 3600 seconds.the real question seriously is he why are they driving so slow? ! lol.