The change in an investor's income from a land he owns depends on fime. indicating function f(t) = 2000e0,005t

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 9E
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The change in an investor's income from a land he owns depends on fime.
indicating function
f(t) = 2000e0,005t
is given as. The investor uses this annual income every time during the first 10 years
He deposits it in a bank with a continuous compound interest rate of 15%. At the end of the investor's 10th year
Find the total amount of interest paid.
Transcribed Image Text:The change in an investor's income from a land he owns depends on fime. indicating function f(t) = 2000e0,005t is given as. The investor uses this annual income every time during the first 10 years He deposits it in a bank with a continuous compound interest rate of 15%. At the end of the investor's 10th year Find the total amount of interest paid.
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