Complete the table by finding the balance A when P dollars is invested at rate r for t years and compound P = $2000, r = 2%, t = 20 years A 1 $ 2 4. $ 12 365 $ %24 %24 %24

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 8E
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Complete the table by finding the balance A when P dollars is invested at rate r for t years and compounded n times per year. (Round your answers to the nearest cent.)
P = $2000, r = 2%, t = 20 years
in
A
1
2
4
2$
12
$
365
$
Continuous
$
Transcribed Image Text:Complete the table by finding the balance A when P dollars is invested at rate r for t years and compounded n times per year. (Round your answers to the nearest cent.) P = $2000, r = 2%, t = 20 years in A 1 2 4 2$ 12 $ 365 $ Continuous $
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