1. **State the problem:** We want to find the future value $A$ of an investment of $396$ at an interest rate of $13\%$ per year compounded continuously for $3$ years.
2. **Formula:** The continuous compound interest formula is $$A = Pe^{rt}$$ where:
- $P$ is the principal amount (initial investment),
- $r$ is the annual interest rate (as a decimal),
- $t$ is the time in years,
- $e$ is Euler's number (approximately $2.71828$).
3. **Substitute values:**
$$P = 396, \quad r = 0.13, \quad t = 3$$
4. **Calculate the exponent:**
$$rt = 0.13 \times 3 = 0.39$$
5. **Calculate $A$:**
$$A = 396 \times e^{0.39}$$
6. **Evaluate $e^{0.39}$:**
$$e^{0.39} \approx 1.477$$
7. **Multiply:**
$$A \approx 396 \times 1.477 = 584.892$$
8. **Round to two decimal places:**
$$A \approx 584.89$$
**Final answer:** The investment will be worth approximately $584.89$ after 3 years.
Among the given options, the closest is $584.88$.
Continuous Compound 6A3438
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