posted by Brooke on .
Company QRS generated a net profit between 1992 and 1997 at a rate approximated by 20 t + 264.5 million dollars per year, where t is the time in years since 1992. Find the value, in 1992, of QRS's net profit over the 5-year period from 1992 to 1997. Assume that the interest rate is 2%, compounded continuously and round your answer to two decimal places.
Value: $ million