If ​$7000 is invested at 5​% compounded​ continuously, what is the amount after 7 ​years? round to the nearest cent.

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter2: Exponential, Logarithmic, And Trigonometric Functions
Section2.CR: Chapter 2 Review
Problem 124CR
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If

​$7000

is invested at

5​%

compounded​ continuously, what is the amount after

7

​years?

round to the nearest cent.

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