At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Get quick and reliable answers to your questions from a dedicated community of professionals on our platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.
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]
Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.