If $7,000 is invested at an interest rate of 5% per year, compounded continuously, find the value of the investment after 8 years use the compound interest formulas
If $7,000 is invested at an interest rate of 5% per year, compounded continuously, find the value of the investment after 8 years use the compound interest formulas
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 68SE: An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000...
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If $7,000 is invested at an interest rate of 5% per year, compounded continuously, find the value of the investment after 8 years
use the compound interest formulas
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