Answer:
B
Step-by-step explanation:
In the equation for interest compounding continuously, the A stands for the amount after the compounding is done, the P is the initial amount invested, the e is Euler's number, the r is the rate in decimal form, and the t is the time in years that the money is invested. Setting up our equation with the given values looks like this:
Multiply the rate with the time to simplify a bit to
Raise e to the power of .4235 on your calculator (hit 2nd then the ln button to get your e) and get
Multiply out to get $33600.55, but rounding up gives you B as your answer.