Use the Formula $A = p e ^ { r t }$

question 81

Multiple Choice

Use the formula $A = p e ^ { r t }$ to find the total amount of money accumulated at the end of the indicated time period by compounding continuously: $6,750 for 11 years at 9.5%. The choices are rounded to the nearest cent.

• A) $7,677.18
• B) $19,192.94
• C) $5,187.28
• D) $71,013.88
• E) $47,982.35

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Definitions:

Equipment Used

Equipment used refers to the tools, machinery, and devices employed in the execution of a specific task or operation.

Productivity

The measure of how efficiently production inputs, such as labor and materials, are converted into outputs, or goods and services.

Demand

The quantity of a product or service that consumers are willing and able to purchase at various prices during a given period of time.

Shifts

Designated working periods for employees, defined by specific start and end times, to ensure continuous operation or coverage.