Calculus with Applications (10th Edition)

Published by Pearson
ISBN 10: 0321749006
ISBN 13: 978-0-32174-900-0

Chapter 2 - Nonlinear Functions - Chapter Review - Review Exercises - Page 114: 93


$A \approx 17901.896$

Work Step by Step

In the formula for continuous compounding with $P=12.000$ $r=0.05$ $t=8$ $A=Pe^{rt}$ $A=12.000e^{0.05(8)}$ $A \approx 17901.896$
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