If $8500 is invested at 11.5% compounded continuously, the future value of S at any time t (in years) is given by S = 8500 e 0.115t
a) What is the amount after 18 months?
b) How long before the investment doubles?
From the given information it is observed that P = $8500, r = 11.5% and t = 18 mont...
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