So, I have a word problem that I need to use the formula $A = Pe^{rt}$ to solve...
Suppose $2000 is invested at an interest rate 2.75% compounded continuously. What is the balance in the account after 4 years? Round answer to the nearest cent.
I know that... $ P = \$2000\\ R = 2.75\%\\ T = 4 $
What I'm trying to do is calculate this using my TI-83 and I believe the way to do this is by first multiplying 2.75(4), then press the $e^x$ button, plug in my answer, then multiply it by $2000$. That's my understanding of it, but what's the actual correct way to insert this problem into my calculator?