You deposit $8000 in an account earning 7% interest compounded continuously. The amount of money in the account after t years is given by A(t) 8000e0.07t How much will you have in the account in 8 years? $ to 2 decimal places. = How long will it be until you have $19700 in the account? your answer to 2 decimal places. How long does it take for the money in the account to double? Round your answer to 2 decimal places. Check Answer Round your answer years. Round years.
You deposit $8000 in an account earning 7% interest compounded continuously. The amount of money in the account after t years is given by A(t) 8000e0.07t How much will you have in the account in 8 years? $ to 2 decimal places. = How long will it be until you have $19700 in the account? your answer to 2 decimal places. How long does it take for the money in the account to double? Round your answer to 2 decimal places. Check Answer Round your answer years. Round years.
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section4.CT: Chapter Test
Problem 11CT
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ou deposit $8000 in an account earning 7% interest compounded continuously. The amount of money in the account after tt years is given by A(t)=8000e0.07tA(t)=8000e0.07t .
How much will you have in the account in 8 years? $ Round your answer to 2 decimal places.
How long will it be until you have $19700 in the account? years. Round your answer to 2 decimal places.
How long does it take for the money in the account to double? years. Round your answer to 2 decimal places.
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