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Mathematics, 21.11.2020 06:20 jamtil7937
34. The amount of money in an account with continuously compounded interest is given by the formula 1
4 Por, where is the principal, / is the annual interest rate, and / is the time in years, Calculate to the
nearest hundredth of a year how long it takes for an amount of money to double if interest is compounded
continuously at 6,2%Round to the nearest tenth,
11.2 y
A
1 0.0 %
O
4
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34. The amount of money in an account with continuously compounded interest is given by the formula...
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