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-Calculate How Much Money Carlos Has After 7 Years $8400\$ 8400

Question 215

Multiple Choice

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-Calculate how much money Carlos has after 7 years if he originally invested $8400\$ 8400 at 7.7%7.7 \% compounded continuously. Use A=Pert\mathrm { A } = \mathrm { Pe } ^ { \mathrm { rt } } , where A\mathrm { A } is the final amount, P\mathrm { P } is the original amount deposited, r\mathrm { r } is the interest rate, and t\mathrm { t } is the number of years.


A) $14,452.05\$ 14,452.05
B) $14,345.05\$ 14,345.05
C) $14,400.05\$ 14,400.05
D) $1,230,729.27\$ 1,230,729.27

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