omplete the table for an account in which interest is compounded continuously. See Example 3. (Round your answers to two decimal places.) Initial investment Annual rate Time to double Amount after 10 years Amount after 25 years $ 4% years
omplete the table for an account in which interest is compounded continuously. See Example 3. (Round your answers to two decimal places.) Initial investment Annual rate Time to double Amount after 10 years Amount after 25 years $ 4% years
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 23E
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Question
Complete the table for an account in which interest is compounded continuously. See Example 3. (Round your answers to two decimal places.)
Initial investment |
Annual rate | Time to double | Amount after 10 years |
Amount after 25 years |
---|---|---|---|---|
$ | 4% | years | $2,000.00 |
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