Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t years. (Use a 365-day year. Round to the nearest cent.) p=$40,000 r=2 and three quarters (3/4) t=6
Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t years. (Use a 365-day year. Round to the nearest cent.) p=$40,000 r=2 and three quarters (3/4) t=6
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 8E
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Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t years. (Use a 365-day year. Round to the nearest cent.)
p=$40,000
r=2 and three quarters (3/4)
t=6
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