Complete the table for an account in which interest is compounded continuously. (Round your answers to two decimal places.) Initial investment (in dollars) Annual rate Time to double (in years) Amount after 10 years (in dollars) Amount after 25 years (in dollars) $ 6% years $ $3,000
Complete the table for an account in which interest is compounded continuously. (Round your answers to two decimal places.) Initial investment (in dollars) Annual rate Time to double (in years) Amount after 10 years (in dollars) Amount after 25 years (in dollars) $ 6% years $ $3,000
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section4.2: The Natural Exponential Function
Problem 36E
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Complete the table for an account in which interest is compounded continuously. (Round your answers to two decimal places.)
Initial investment (in dollars) |
Annual rate | Time to double (in years) | Amount after 10 years (in dollars) |
Amount after 25 years (in dollars) |
---|---|---|---|---|
$ | 6% | years | $ | $3,000 |
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