Complete the table for a savings account in which interest is compounded continuously. (Round any dollar amounts to the nearest cent and all other values to one decimal place.) Initial Investment Annual % Rate Time to Double Amount After 12 Years 3% 23 1 vr ¢5000.00

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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Complete the table for a savings account in which interest is compounded continuously. (Round any dollar amounts to the nearest cent and all other values to one decimal place.)
Initial
Annual
Time to
Amount After
Investment
% Rate
Double
12 Years
3%
23.1
yr
$5000.00
Transcribed Image Text:Complete the table for a savings account in which interest is compounded continuously. (Round any dollar amounts to the nearest cent and all other values to one decimal place.) Initial Annual Time to Amount After Investment % Rate Double 12 Years 3% 23.1 yr $5000.00
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