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Phoenix [80]
4 years ago
8

Help a girl out ?? i'm not sure how to do the equation .

Mathematics
1 answer:
LekaFEV [45]4 years ago
6 0

Answer:

 Investment amount after 9 years = 14715.12$

Explanation:

 It is given to use continuous change function, A(t) = Pe^{rt}

Here P = Principal = 10500$

          r = Rate of increase = 0.0375

          t = Number of years = 9

  A(t) = Pe^{rt}\\ \\ A(t) = 10500*e^{0.0375*9}=14715.12

 So, investment amount after 9 years = 14715.12$

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