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If $\$ 8000$ is invested in an account for which interest is compounded continuously, find the amount of the investment at the end of 12 years for the following interestrates.a. $2 \%$b. $3 \%$c. $4.5 \%$d. $7 \%$
a) $$\$ 10,169,99$$b) $$\$ 11,466.63$$c) $$\$ 13,728.05$$d) $$\$ 18,530.94$$
Algebra
Chapter 4
Exponential and Logarithmic Functions
Section 2
The Natural Exponential Function
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Harvey Mudd College
Idaho State University
Lectures
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In mathematics, the absolu…
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Compound Interest If $\$ 8…
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Suppose \$ 1000$ is invest…
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(a) If $\$ 1000$ is invest…
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Compound Interest If $\$ 4…
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If $\$ 2000$ is invested a…
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Compound Interest If $\$ 2…
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If 4000 dollar is borrowed…
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Compound Interest If $\$ 5…
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If 500 dollar is invested …
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90. MONEY GROWTH If you in…
we are given for discretion principle as $8000 time. Ask 12 years on for media's interest rates. We have to find the amount at the end of 20 years. Fourth is to person, so we plug in the given my news. I'm good. The amount received after 12 years. Eyes 10,001. $69.99. Then for three person you plug in Given Ran used these. When we point you don't treat and we get the amount as 11,004. $66.64 for party that interesting 4.5%. He gets the amount after plugging and the values as 13,007. $28.5 on your body, that is interest rate 7%. We plug in our equals 70.7 on get the amount as 80,530 $0.94
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