Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Get the answers you need quickly and accurately from a dedicated community of experts on our Q&A platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

To save for a new car, Trafton invested $7,000 in a savings account that earns 3.5% interest, compounded continuously. After four years, he wants to buy a used car for $9,000. How much money will he need to pay in addition to what is in his savings account? (Round your answer to the nearest cent.)