Answer:
$7821.74
Step-by-step explanation:
Eva invests $6400 in a new savings account which earns 3.4% annual interest, compounded continuously.
We have to find the value of her investment after 6 years,
Now, using the formula for the compound interest we can get the value of her investment.
So, it will be [tex]V = 6400 (1 + \frac{3.4}{100} )^{6} = 7821.74[/tex] Dollars (Approximate)
{Rounded to the nearest cent} (Answer)
