Answer:
$315.24
Step-by-step explanation:
Principal, P =$262
Rate, r= 3.7% =0.037
Time, t= 5 Years
The Value of the Investment which is compounded continuously is gotten using the formula:

The value of the investment after 5 years is $315.24 to the nearest cent.
We need to first find a common denominator. This means that we need the 12 and the 3 to be the same number. We can change the 1/3 into 4/12 and see that 9/12 is larger than 4/12.
Answer:
The formula is

Step-by-step explanation:
hope this helps
If you subtract x from each side, it says Y = -x .
That tells you that the slope of the graph is -1, and the y-intercept is zero.
The graph is a straight line, passing through the origin.
It slopes DOWN from left to right, at an angle of 45 degrees.