Question

Help a girl out ?? i'm not sure how to do the equation .

Answer 1

Investment amount after 9 years = 14715.12$

Step-by-step explanation:

It is given to use continuous change function,
`A(t) = Pe^(rt)`

Here P = Principal = 10500$

r = Rate of increase = 0.0375

t = Number of years = 9

`A(t) = Pe^(rt)\\ \\ A(t) = 10500*e^(0.0375*9)=14715.12`

So, investment amount after 9 years = 14715.12$