Myra invested $10,000 in an account earning a nominal 8% per year compounded continuously. how much was in the account at the end of one year? round the answer to nearest dollar.

Step-by-step explanation:

we know that

The formula to calculate continuously compounded interest is equal to

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest in decimal  

t is Number of Time Periods  

e is the mathematical constant number

we have  

substitute in the formula above  

5

step-by-step explanation:

gmt is 4 hrs ahead of edt so just add four hours to 1: 14: 20 (minutes and seconds stay the same)

gmt is 5: 14: 20

hope this !

~just a girl in love with shawn mendes