Answer:
5) $5005
7) $7737
Step-by-step explanation:
Continuously compounded interest:
[tex] A = Pe^{rt} [/tex]
5)
[tex] 9119.7 = Pe^{0.04 \times 15} [/tex]
[tex] 9119.7 = P(1.8221188) [/tex]
[tex] P = 5005 [/tex]
Answer: $5005
7)
[tex] 29844.9 = Pe^{0.09 \times 15} [/tex]
[tex] 29844.9 = P(3.8574255) [/tex]
[tex] P = 7737 [/tex]
Answer: $7737
