Question 1190349
continuous compound formula is f = p * e ^ (r * t)
f is the future value
p is the present value
e is the scientific constant equal to 2.718281828....
r is the interest rate per time period.
t is the number of time periods.


in your problem, the formula becomes f = 3000 * e ^ (.08 * 17)
your time periods are in years.
solve for f to get f = 11688.57991.
round to 11688.58.