how would I calculate this
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Answer:
$18,413.01
Step-by-step explanation:
Use the formula for interest compounded continuously:
A = Pe^(rt)
where P is the principal invested ($14,000), r is the annual interest rate (.0685), and t is the number of years (4).
A = $14,000·e^(.0685·4) = $14,000·e^0.274
A ≈ $18,413.01