Use the equation A=Pe^rt to answer the question. Show all work. An account has $26,000 after 15 years. The account received 2.3 percent interest compounded continuously. How much was deposited initially

Use the equation A=Pe^rt to answer the question. Show all work. An account has $26,000 after 15 years. The account received 2.3 percent interest compounded continuously. How much was deposited initially

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section: Chapter Questions

Problem 4PT: An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded...

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