An investment of $7000 is deposited into an account in which interest is compounded continuously. Complete the table by filling in the amounts to which the investment grows at the indicated times. (Round your answers to the nearest cent.) r = 5% Time (years) Amount 1 $4 $4 2$ 4 $4 $4

An investment of $7000 is deposited into an account in which interest is compounded continuously. Complete the table by filling in the amounts to which the investment grows at the indicated times. (Round your answers to the nearest cent.) r = 5% Time (years) Amount 1 $4 $4 2$ 4 $4 $4

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter5: Exponential And Logarithmic Functions

Section5.4: Exponential And Logarithmic Equations

Problem 10ECP: You invest $500 at an annual interest rate of 5.25, compounded continuously. How long will it take...

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Question

An investment of $7000 is deposited into an account in which interest is compounded continuously. Complete the table by filling in the amounts to which the investment
grows at the indicated times. (Round your answers to the nearest cent.)
r = 5%
Time
(years)
Amount
%24
3.
4
%24
%24
%24
%24
%24
%24
1.
5.
6.

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