In 1 year, Trent wants to buy a bicycle that costs $700.00. If he opens a savings account that earns 3% interest compounded continuously, how much will he have to deposit as principal to
have enough money in 1 year to buy the bike?
Round your answer to the nearest cent.

Someone answer this asap for gabriella uses the current exchange rate to write the function, h(x), where x is the number of u.s. dollars and h(x) is the number of euros, the european union currency. she checks the rate and finds that h(100) = 7.5. which statement best describes what h(100) = 75 signifies? a. gabriella averages 7.5 u.s. dollars for every 100 euros. b. gabriella averages 100 u.s. dollars for every 25 euros. c. gabriella can exchange 75 u.s. dollars for 100 euros. d. gabriella can exchange 100 u.s. dollars for 75 euros.