ANSWER :
D. $392.98
EXPLANATION :
Recall the compounded continuously formula :
[tex]A=Pe^{rt}[/tex]
Where A = future value
P = present value ($300)
e = Euler's number
r = rate of interest (9% or 0.09)
t = time in years (3 years)
Using the formula above :
[tex]\begin{gathered} A=300e^{0.09(3)} \\ A=392.98 \end{gathered}[/tex]
