Company ABC's rate of sales is given by 1343e^0.137t million dollars per year, where
t is the number of years since 2000. Assuming that this rate holds through 2003, and using an interest rate of 8% compounded continuously, find the value in 2000 of ABC's sales over the time period from 2000 through 2003. Round your answer to the nearest tenth.

Question

Company ABC's rate of sales is given by 1343e^0.137t million dollars per year, where 
t is the number of years since 2000.  Assuming that this rate holds through 2003, and using an interest rate of 8% compounded continuously, find the value in 2000 of ABC's sales over the time period from 2000 through 2003. Round your answer to the nearest tenth.

anonymous · Answer

I think you typed this question wrong. Is the rate given by the equation, or is it just 8%? And what does " find the value in 200 of ABC's sales from 2000-2003" mean?