71828)
r = interest rate (in decimal form)
t = time (in years)
In this case, P = $3000, r = 8% = 0.08, and t = 3 years.
Plugging in these values into the formula, we get:
A = 3000 * e^(0.08 * 3)
Using a calculator, we find that e^(0.08 * 3) is approximately
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