<PRE><B>Question 986761</B>
4600=Po{1+0.04)^3
ln of both sides
8.4338=3ln(1+0.04)+ln (Po)
add logs when the numbers are being multiplied
8.4338=0.11766+ln(Po)
8.3161=ln Po.
Raise to the e power and now round (I rounded here, but keep it unrounded on calculator)
$4089.38
4089.38(1.04)^3=
(1.04^3=1.1248
4089.38*1.1248=$4600.</PRE>