Answer:
$632,187.50
Step-by-step explanation:
hello,
compounding continuously means that we have to multiply by
[tex]e^{0.0627*t}[/tex]
t is the number of years
so the account balance in 50 years is
[tex]27,500e^{0.0627*50}=632,187.48565....\\[/tex]
so it gives
$632,187.50
hope this helps
