Complete the table for a savings account subject to continuous compounding (A Pe"). Amount Annual Accumulated Time t in years ? Invested Interest Rate Amount $2500 12.2% Triple the amount invested

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Complete the table for a savings account subject to continuous compounding \((A = Pe^{rt})\).

| Amount Invested | Annual Interest Rate | Accumulated Amount           | Time \(t\) in years |
|-----------------|----------------------|------------------------------|---------------------|
| $2500           | 12.2%                | Triple the amount invested   | ?                   |

| Amount Invested | Annual Interest Rate | Accumulated Amount           | Time \(t\) in years |
|-----------------|----------------------|------------------------------|---------------------|
| $2500           | 12.2%                | Triple the amount invested   | \(\text{[ ]}\)      |

(Round to the nearest whole number as needed)
Transcribed Image Text:Complete the table for a savings account subject to continuous compounding \((A = Pe^{rt})\). | Amount Invested | Annual Interest Rate | Accumulated Amount | Time \(t\) in years | |-----------------|----------------------|------------------------------|---------------------| | $2500 | 12.2% | Triple the amount invested | ? | | Amount Invested | Annual Interest Rate | Accumulated Amount | Time \(t\) in years | |-----------------|----------------------|------------------------------|---------------------| | $2500 | 12.2% | Triple the amount invested | \(\text{[ ]}\) | (Round to the nearest whole number as needed)
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