Question 614353
Suppose you invest $ 1700 at an annual interest rate of 7.5% compounded continuously. How much will you have in the account after 2.5 years.
I have this so far.
A=pe^rt
A=1700e^(7.5 x 2.5) 
.
First, a 7.5% is represented as .075
So, your equation should be:
A=1700e^(.075 x 2.5) 
A=1700e^(0.1875)
A=1700(1.20623)
A=$2050.59