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\( P = 250000(1.12)^4 \)
\( 1.12^4 \approx 1.5735 \)
\( P \approx 250000 \times 1.5735 = 393,375 \)
Rounded to nearest thousand: 393,000
#### 393000
### Solution to Problem 3:
\( t = 18 \)
\( S(18) = 500 \cdot e^{0.15 \times 18} = 500 \cdot e^{2.7} \)
\( e^{2.7} \approx 14.882 \)
\( S(18) \approx 500 \times 14.882 = 7,441 \)