How long will it take for a principal of 1000 OMR to produce a future value of 2500 OMR at 10% rate of interest compounded continuously.

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter5: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 37CT: On the day a grandchild is born, a grandparent deposits $2500 in a fund earning 7.5% interest,...
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III) How long will it take for a principal of 1000 OMR to produce a future value of 2500
OMR at 10% rate of interest compounded continuously.
IV) The value of shares (V) after (t) days is given by the relation V = 3t + 10VE + 167.
After how many days the shares price will reach 500 OMR
Transcribed Image Text:III) How long will it take for a principal of 1000 OMR to produce a future value of 2500 OMR at 10% rate of interest compounded continuously. IV) The value of shares (V) after (t) days is given by the relation V = 3t + 10VE + 167. After how many days the shares price will reach 500 OMR
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