Answer:
52665.43
Step-by-step explanation:
You want the future value of an investment of $42265 that earns 5.5% interest compounded continuously for 4 years.
Value
The future value is given by the formula ...
[tex]A=Pe^{rt}[/tex]
where P is invested at rate r for t years.
The value of the investment here is ...
[tex]A=42265e^{0.055\cdot4}\approx52665.43[/tex]
The future value of the account is $52,665.43.
