Use the account balance formula A = Pert to complete the table for a savings account in which interest is compounded continuously. (Round your answers to two decimal places.) Initial Investment Annual % Rate Time to Double Amount After 10 Years $450 % yr $1000

Use the account balance formula A = Pert to complete the table for a savings account in which interest is compounded continuously. (Round your answers to two decimal places.) Initial Investment Annual % Rate Time to Double Amount After 10 Years $450 % yr $1000

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter4: Exponential And Logarithmic Functions

Section: Chapter Questions

Problem 94E

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Question

Use the account balance formula

A = Pe^rt

to complete the table for a savings account in which interest is compounded continuously. (Round your answers to two decimal places.)

Initial Investment	Annual % Rate	Time to Double	Amount After 10 Years
$450	%	yr	$1000

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