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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