43. Compound interest If $8500 is invested at 11.5% com- pounded continuously, the future value S at any time t (in years) is given by S= 8500e0.115t (a) What is the amount after 18 months? (b) How long before the investment doubles? 44 Compound interest If $1000 is invested at 10% com
43. Compound interest If $8500 is invested at 11.5% com- pounded continuously, the future value S at any time t (in years) is given by S= 8500e0.115t (a) What is the amount after 18 months? (b) How long before the investment doubles? 44 Compound interest If $1000 is invested at 10% com
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 11T: Suppose that $12,000 is invested in a saving account paying 5.6% interest per year. (a)Write the...
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#43 do B explain please
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