33. Compound Interest If $2000 is invested at an interest rate of 3.5% per year, compounded continuously, find the value of the investment after the given number of years. (a) 2 years (b) 4 years (c) 12 years

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Chapter7: Exponents And Exponential Functions
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SECTION 4.2 The Natural Exponential Function 343
33. Compound Interest If $2000 is invested at an interest rate
of 3.5% per year, compounded continuously, find the value
of the investment after the given number of years.
(а) 2 years
(b) 4 years
amruhspol
(c) 12 years
Transcribed Image Text:SECTION 4.2 The Natural Exponential Function 343 33. Compound Interest If $2000 is invested at an interest rate of 3.5% per year, compounded continuously, find the value of the investment after the given number of years. (а) 2 years (b) 4 years amruhspol (c) 12 years
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