Answer:
$10,479.72
Step-by-step explanation:
Use the Compound Amount formula for continuous compounding:
A = Pe^(rt), where r is the interest rate as a decimal fraction.
Here,
A = $8000e^(0.09 · 3), or $8000e^0.27
The accumulated value will be $8000(1.31) = $10,479.72
