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CalculusQ&A LibraryIf $P is invested for n years at 13% compounded continuously, the rate at which the future value is growing is dS/dn=0.13Pe0.13n (a) What function describes the future value at the end of n years? S(n)=______ (b) In how many years will the future value double? (Round your answer to one decimal place.) _____ yrsStart your trial now! First week only $4.99!*arrow_forward*

Question

If $*P* is invested for *n* years at 13% compounded continuously, the rate at which the future value is growing is

dS/dn=0.13Pe^{0.13n}

(a) What function describes the future value at the end of *n* years?

S(n)=______

(b) In how many years will the future value double? (Round your answer to one decimal place.)

_____ yrs

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