Verified Answer :

apologiabiology

continu
A=Pe^(rt)
A=future amount
P=present amount
r=rate
t=time
A=900e^(0.03*13)
A=900e^0.36
A=$1329.28

JeanaShupp

Answer: $1329.28

Step-by-step explanation:

Given : The principal amount : @@MATH_TOKEN_0@@

Time period : @@MATH_TOKEN_1@@

Rate of interest : @@MATH_TOKEN_2@@

The formula to find the compound amount ( if compounded continuously ) is given by :-

@@MATH_TOKEN_3@@

i.e.@@MATH_TOKEN_4@@

@@MATH_TOKEN_5@@

Hence, the compound amount after 13 years will be $1329.28.

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