Question

Hey there ! please help posted picture of question

Answer 1

For this case we have the following function:
 A (t) = P * exp (r * t)
 Substituting values we have:
 A (3) = 500 * exp (0.08 * 3)
 A (3) = 635.6245752
 Rounding off we have:
 A (3) = 635.62
 Answer:
 The answer for this case is given by:
 A (3) = 635.62
 option C