Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Get quick and reliable solutions to your questions from a community of experienced professionals on our platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.
Sagot :
Answer:
The answer to the nearest CENT is A= 11699.69
Step-by-step explanation: round to the nearest cent
[tex]~~~~~~ \textit{Continuously Compounding Interest Earned Amount} \\\\ A=Pe^{rt}\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill & \$4700\\ r=rate\to 4.8\%\to \frac{4.8}{100}\dotfill &0.048\\ t=years\dotfill &19 \end{cases} \\\\\\ A=4700e^{0.048\cdot 19}\implies A=4700e^{0.912}\implies A\approx 11699.69[/tex]
Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.
