SOLUTION
Find the number of years between 1987 and 2038.
[tex]t=2038-1987=51[/tex]
Now substituting 51 into the equation, we have
[tex]\begin{gathered} P(51)=2400e^{0.033(51)} \\ =2400\times e^{1.683} \\ =2400\times5.3811678 \\ =12916.0243396 \end{gathered}[/tex]
Hence the answer is 12,916
