Complete the table for a savings account in which interest is compounded continuously. Initial investment Annual rate Time to double |Amount after 10 years $11,000 $21996.76 (Round the answer up to two decimal places.) Annual rate: 6.93% Time to double: 15 yr Annual rate: 10.93% Time to double: 10yr Annual rate: 6.93% Time to double: 14 yr Annual rate: 6.93% Time to double: 10yr Annual rate: 8.93% Time to double: 10yr
Complete the table for a savings account in which interest is compounded continuously. Initial investment Annual rate Time to double |Amount after 10 years $11,000 $21996.76 (Round the answer up to two decimal places.) Annual rate: 6.93% Time to double: 15 yr Annual rate: 10.93% Time to double: 10yr Annual rate: 6.93% Time to double: 14 yr Annual rate: 6.93% Time to double: 10yr Annual rate: 8.93% Time to double: 10yr
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 67SGR
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