Answer:
$5809.17
$6149.01
$2211.72
Step-by-step explanation:
Continous interest formula:
(pv)e^(rt)
we have
5000e^(5*.03)= 5809.17
Same equation from before
2500e^(.09*10)= 6149.01
2000e^(.0575*(21/12))
(we write 21/12 because that's how many years has passed)
= 2211.72
14= 4 pi/6 pi = 2/3
15 = 8 pi/10 pi = 4/5
16 = no
