Mathematics, 19.04.2021 01:10 poliver
Suppose that $14,398 is invested at an interest rate of 5.3% 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: 1
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Suppose that $14,398 is invested at an interest rate of 5.3% per year, compounded continuously
a) F...
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