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If an account with an initial amount of $2000 earns 10% interest com- how long does it take for the amount of money in the account to double? pounded continuously, (A) 7.64 years (B) 6.93 years (C) 5.78 years (D) 9.44 years (E) 8.66 years

If an account with an initial amount of $2000 earns 10% interest com- how long does it take for the amount of money in the account to double? pounded continuously, (A) 7.64 years (B) 6.93 years (C) 5.78 years (D) 9.44 years (E) 8.66 years

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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If an account with an initial amount of $2000 earns 10% interest com- pounded continuously, how long does it take for the amount of money in the account to double? (A) 7.64 years (B) 6.93 years (C) 5.78 years (D) 9.44 years (E) 8.66 years You may use https://www.desmos.com/calculator to help with this question. (A) O(B) (C) (D)
Transcribed Image Text:If an account with an initial amount of $2000 earns 10% interest com- pounded continuously, how long does it take for the amount of money in the account to double? (A) 7.64 years (B) 6.93 years (C) 5.78 years (D) 9.44 years (E) 8.66 years You may use https://www.desmos.com/calculator to help with this question. (A) O(B) (C) (D)
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