Question

If $396 is invested at an interest rate of 13% per year and is compounded continuously, how much will the investment be worth in 3 years

Answer 1

Do you have a formula for the total investment given continuous compounding?

Answer 2

no

Answer 3

That's your first step. You might want to do an Internet search for "continuous compounding." It's essential you have that formula in front of you before we attempt to go any further.

Answer 4

What's preventing you from substituting known values?

P=396
r=0.13
t=3

Answer 5

if i substitute then and solve i get 550.44 which is not a provided answer