Mathematics, 03.12.2021 22:50 sweetbee633
Suppose that $14,405 is invested at an interest rate of % per year, compounded continuously.
a) Find the exponential function that describes the amount in the account after time t, in years.
b) What is the balance after 1 year? 2 years? 5 years? 10 years?
c) What is the doubling time?
Answers: 2
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Suppose that $14,405 is invested at an interest rate of % per year, compounded continuously.
a) Fi...
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