Use the compound interest formulas A and A = Pert to solve.
-Find the accumulated value of an investment of $5000 at 7% compounded continuously for 6 years.
A) $7709.81
B) $7609.81
C) $7100.00
D) $7503.65
Correct Answer:
Verified
Q20: A city has been growing at
Q21: Solve the problem.
-The growth in the
Q22: Graph the function. Q23: Write the equation in its equivalent Q24: Use the compound interest formulas A Q26: Use the compound interest formulas A Q27: Use the compound interest formulas A Q28: Write the equation in its equivalent Q29: Solve the problem. Q30: Graph the function.
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-The function D(h) = 5e-0.4h
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