Use the formula below to find the value of $1300 invested at 4.2% interest compounded continuously for 5 years 9 months. Round your final answer to the nearst hundred or cent and show your work

Hi there

The formula of compounded continuously is

A=pe^rt

A future value?

P present value 1300

E constant

R interest rate 0.042

T time 5years+9/12=5+9/12=5.75years

So

A=1,300*e^ (0.042*5.75)

A=1,655.10 round your answer to get

A=1655

Good luck!