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If $4000 is invested at an interest rate of 8.25% per year, compounded continuously, find the value of the investment after the given number of years. (Round your answers to the nearest cen (a) 3 years $4 (b) 6 years (c) 9 years

If $4000 is invested at an interest rate of 8.25% per year, compounded continuously, find the value of the investment after the given number of years. (Round your answers to the nearest cen (a) 3 years $4 (b) 6 years (c) 9 years

Algebra and Trigonometry (6th Edition)
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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(b) Use the definition to show that cosh(-x) = cosh(x). + e-(-x) cosh(-x) = e-X + e*
Transcribed Image Text:(b) Use the definition to show that cosh(-x) = cosh(x). + e-(-x) cosh(-x) = e-X + e*
If $4000 is invested at an interest rate of 8.25% per year, compounded continuously, find the value of the investment after the given number of years. (Round your answers to the nearest cent.) (а) 3 years (b) 6 years (с) 9 years $|
Transcribed Image Text:If $4000 is invested at an interest rate of 8.25% per year, compounded continuously, find the value of the investment after the given number of years. (Round your answers to the nearest cent.) (а) 3 years (b) 6 years (с) 9 years $|
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