man with $30,000 to invest decides to diversify his investments by placing 15,000 in an account that earns 7.2% compounded continuously and $15,000 in an ccount that earns 8.4% compounded annually. Use graphical approximation methods to determine how long it will take for his total investment in the two accounts to grow to $45,000. years for his total investment in the two accounts to It will take approximately grow to $45,000. (Tyne an integer or decimal rounded to one decimal place as needed.)

man with $30,000 to invest decides to diversify his investments by placing 15,000 in an account that earns 7.2% compounded continuously and $15,000 in an ccount that earns 8.4% compounded annually. Use graphical approximation methods to determine how long it will take for his total investment in the two accounts to grow to $45,000. years for his total investment in the two accounts to It will take approximately grow to $45,000. (Tyne an integer or decimal rounded to one decimal place as needed.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter7: Exponents And Exponential Functions

Section7.7: Writing Exponential Functions

Problem 31HP

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