A person places $1380 in an investment account earning an

Last updated: 7/20/2022

A person places $1380 in an investment account earning an annual rate of = 8.6%, compounded continuously. Using the formula V Pert, where Vis the value of the account in t years, P is the principal initially invested, e is the base of a natural logarithm, and r is the rate of interest, determine the amount of money, to the nearest cent, in the account after 10 years.