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The Amount of Principal, $P, Needed to Obtain a Balance

Question 48

Multiple Choice

The amount of principal, $P, needed to obtain a balance of $B after t years at r % interest, compounded continuously, is given by the formula The amount of principal, $P, needed to obtain a balance of $B after t years at r % interest, compounded continuously, is given by the formula . Which of the following gives the amount principal can be changed by and still maintain the same balance if there is an increase of 1% in the interest rate? A) -Br B) C) -Bt D) . Which of the following gives the amount principal can be changed by and still maintain the same balance if there is an increase of 1% in the interest rate?


A) -Br The amount of principal, $P, needed to obtain a balance of $B after t years at r % interest, compounded continuously, is given by the formula . Which of the following gives the amount principal can be changed by and still maintain the same balance if there is an increase of 1% in the interest rate? A) -Br B) C) -Bt D)
B) The amount of principal, $P, needed to obtain a balance of $B after t years at r % interest, compounded continuously, is given by the formula . Which of the following gives the amount principal can be changed by and still maintain the same balance if there is an increase of 1% in the interest rate? A) -Br B) C) -Bt D)
C) -Bt The amount of principal, $P, needed to obtain a balance of $B after t years at r % interest, compounded continuously, is given by the formula . Which of the following gives the amount principal can be changed by and still maintain the same balance if there is an increase of 1% in the interest rate? A) -Br B) C) -Bt D)
D) The amount of principal, $P, needed to obtain a balance of $B after t years at r % interest, compounded continuously, is given by the formula . Which of the following gives the amount principal can be changed by and still maintain the same balance if there is an increase of 1% in the interest rate? A) -Br B) C) -Bt D)

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