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  

dd

step-by-step explanation:

dd

30 units^2

step-by-step explanation:

area is l × w

the length is 3

and the width is 10

3 × 10= 30 units squared