Complete the table by determining the balance A for P dollars invested at rate r for t years and compounded n times per year. (Round your answers to two decimal places. P = $4000 r = 3% t = 13 years 1. 4 12 365 Continuous compounding A

Algebra and Trigonometry (MindTap Course List)
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Chapter13: Sequences And Series
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Complete the table by determining the balance A for P dollars invested at rate r for t years and compounded n times per year. (Round your answers to two decimal places.)
P =
$4000
r = 3%
t = 13 years
1
2
4
12
365
Continuous compounding
in
A
Transcribed Image Text:Complete the table by determining the balance A for P dollars invested at rate r for t years and compounded n times per year. (Round your answers to two decimal places.) P = $4000 r = 3% t = 13 years 1 2 4 12 365 Continuous compounding in A
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