Suppose $15000 is invested at 7% interest compounded continuously. How long will it take for the investment to grow to $30000? Use model A(t)=pert How many years will it take to reach 30000 ?
Suppose $15000 is invested at 7% interest compounded continuously. How long will it take for the investment to grow to $30000? Use model A(t)=pert How many years will it take to reach 30000 ?
Chapter10: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 442RE: Jerome invests $18,000 at age 17. He hopes the investments will be worth $30,000 when he turns 26....
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Suppose $15000 is invested at 7% interest compounded continuously. How long will it take for the investment to grow to $30000?
Use model A(t)=pert
How many years will it take to reach 30000 ?
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