An investment offers 5% interest compounded continuously. What is the amount of interest earned in 1 year if a person deposits P5000 to this account?
An investment offers 5% interest compounded continuously. What is the amount of interest earned in 1 year if a person deposits P5000 to this account?
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 68SE: An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000...
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