Some banks now use continuous compounding of an amount investment. in this case, the equation that models the value of an intitial investment of p dollars in t years at an annual interest rate of r is given by a=pe^rt. using this equation, find the value in 4 years of an investment of $3,000 that earns 7% annual interest. (round your answer to the nearest cent.)

a

step-by-step explanation:

y=mx+b

step-by-step explanation:

m slope, b y-intercept

could

step-by-step explanation:

u send me a picture of ur work

$655.61 which is option c

step-by-step explanation:

price of house =   $146,000

initial rate = 3.5%

mortgaged paid in this = 3.5 % of $146,000

                                        =

                                        =$5110

the total years would be = 7

total mortgaged paid = 7 * $5110

                                      =$35770

remaining money = $146000-35770

                                =$110230

new mortgaged payment = 5 % of 110230

                                            =  

                                            =$655.61