Suppose $2000 is invested at 5% interest compounded continuously. How long will it take for the investment to grow to $18,000? Use the model A (t) = Pert and round to the nearest tenth of a year. It will take approximately years for the investment to grow to $18,000. X S
Suppose $2000 is invested at 5% interest compounded continuously. How long will it take for the investment to grow to $18,000? Use the model A (t) = Pert and round to the nearest tenth of a year. It will take approximately years for the investment to grow to $18,000. X S
Chapter10: Exponential And Logarithmic Functions
Section10.5: Solve Exponential And Logarithmic Equations
Problem 10.85TI: Hector invests $10,000 at age 21. He hopes the investments will be worth when he turns 50. If the...
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