Question 2 • Advanced Financial Algebra
Use the continuous compounding formula A = Pe^(rt), with P = 1,755, r = 0.0568, and t = 4. Then A = 1,755e^(0.0568 × 4) = 1,755e^0.2272 ≈ $2,202.67. Marilyn will have about $2,202.67, choice B.
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