Complete the table to determine the balance A for $9,000 invested at rate r for t years, compounded n times per year. See Example 3. (Round your answers to two decima places.) r = 5.5%, t = 30 years A 1 $ $ $ 12 $ 365 $4 Continuous 2$ compounding

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter7: Exponents And Exponential Functions
Section7.7: Writing Exponential Functions
Problem 24PPS
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Complete the table to determine the balance A for $9,000 invested at rate r for t years, compounded n times per year. See Example 3. (Round your answers to two decimal places.)
 
r = 5.5%, t = 30 years
 
Complete the table to determine the balance A for $9,000 invested at rate r for t years, compoundedn times per year. See Example 3. (Round your answers to two decimal
places.)
r = 5.5%, t = 30 years
in
A
1
$
2
$
4
$
$ |
12
365
$
Continuous
$
compounding
Transcribed Image Text:Complete the table to determine the balance A for $9,000 invested at rate r for t years, compoundedn times per year. See Example 3. (Round your answers to two decimal places.) r = 5.5%, t = 30 years in A 1 $ 2 $ 4 $ $ | 12 365 $ Continuous $ compounding
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