Answer :
The total amount in her account is $1,128.60.
What is the total money in the account?
The formula for calculating future value when there is continuous compounding is :
A x e^r x N
Where:
- A= amount = $750
- e = 2.718281
- N = number of years = 1.42 years
- r = interest rate
$750 x e^0.058 x 1.42 = $1,128.60
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