Question 1002417
If Hannah places $ 7500 into an account earning 7.75% interest compounded continuously, how much will she have after 16 years?
Compound interest formula for continuous compounding: A=Pe^rt, P= initial investment, r=interest rate, A=amt after t-years

A=7500.e^(.0775*6)=7500*=$11,940.11(rounded)