?? ihow to solve this problem
1 answer:
In the given formula :
r = rate = 4.5% = 0.045
t = time = 7 years
P = principal = #3,700
e is an arbitrary number used in mathematics, which is approximately 2.7183
Replace the letters with the given information:
A = 3700e^0.045(7)
A = $5,069.96
The answer is C
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