If $2000 is invested at 8% compounded continuously, what is the amount after 2 years? Which of the following is the appropriate formula with the correct values substituted? Select the correct choice below and, if necessary, fill in the answer boxes to complete your choice. O A. A= Pet, with P = O B. A=P(1+i)n, with P = O C. A=P(1 + rt), with P= r= i= r= and t = and n = , and t =

College Algebra
7th Edition
ISBN:9781305115545
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 2E
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If $2000 is invested at 8% compounded continuously, what is the amount after 2 years?
Which of the following is the appropriate formula with the correct values substituted? Select the correct choice below and, if necessary, fill in the answer
boxes to complete your choice.
O A. A=Pet, with P =
B. A=P(1 + i), with P=
OC. A=P(1 + rt), with P =
r=
i=
, r =
and t =
and n =
and t =
Transcribed Image Text:If $2000 is invested at 8% compounded continuously, what is the amount after 2 years? Which of the following is the appropriate formula with the correct values substituted? Select the correct choice below and, if necessary, fill in the answer boxes to complete your choice. O A. A=Pet, with P = B. A=P(1 + i), with P= OC. A=P(1 + rt), with P = r= i= , r = and t = and n = and t =
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