Ms. Gonzales is investing $17000 at an annual interest rate of 6% compounded continuously. How much money will be in the account after
16 years? Round your answer to the nearest hundredth (two decimal
places).

$30444.41

Step-by-step explanation:

→ Work out compound interest

(100 + 6) ÷ 100 = 1.06

→ Multiply the amount by the money

17000 × 1.06

→ Find how many years it is for

17000 × 1.06¹⁰ = 30444.41

the simplified form is

step-by-step explanation:

we want to simplify the expression,

let us change the middle bar to a normal division sign to obtain,

we multiply the first fraction by the reciprocal of the second fraction to obtain,

we factor to obtain,

we cancel the common factors to get,

we simplify to get,

the correct answer is b

i hope this is what you were looking for.

see attached graph