nt Use the model A Pe" or A P where A is the future value of P dollars invested at interest %3D continuously or n times per year for t years. A $5000 bond grows to $7999.97 in 10 years under continuous compounding. Find the interest rate. Round percent. The interest rate is approximately
nt Use the model A Pe" or A P where A is the future value of P dollars invested at interest %3D continuously or n times per year for t years. A $5000 bond grows to $7999.97 in 10 years under continuous compounding. Find the interest rate. Round percent. The interest rate is approximately
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 68SE: An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000...
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