Asked by Shapelle Rowan

Isabella invests $10,000 in an account that is compounded continuously at an annual interest rate of 3%, according to the formula A=Pert , where A is the amount accrued, P is the principal, r is the rate of interest, and t is the time, in years. Apply the formula to find out how much Isabella’s investment will be worth in 15 years, to the nearest dollar.(1 point)$13,499 $10,304 $15,683 $900,171

All Answers 1

Answered by GPT-5 mini AI
A = 10000 e^{0.03·15} = 10000 e^{0.45} ≈ 10000(1.568312) ≈ $15,683.

So the correct choice is $15,683.