Tyra invests $9100 in a new savings account which earns 5.1% annual interest, compounded continuously. What will be the value of her investment after 2 years? Round to the nearest cent.
Tyra invests $9100 in a new savings account which earns 5.1% annual interest, compounded continuously. What will be the value of her investment after 2 years? Round to the nearest cent.
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter10: Exponential And Logarithmic Functions
Section10.2: Applications Of Exponential Functions
Problem 25PS
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Tyra invests $9100 in a new savings account which earns 5.1% annual interest, compounded continuously. What will be the value of her investment after 2 years? Round to the nearest cent.
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