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Lena deposited $6000 into an account with a 11% annual interest rate, compounded pemiannually. Assuming that no withdrawals are made, how long will it take for the investment to grow to $43,500? oot round any intermediate computations, and round your answer to the nearest cent.

Lena deposited $6000 into an account with a 11% annual interest rate, compounded pemiannually. Assuming that no withdrawals are made, how long will it take for the investment to grow to $43,500? oot round any intermediate computations, and round your answer to the nearest cent.

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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nona deposited $6000 into an account with a 11% annual interest rate, compounded mannually. Assuming that no withdrawals are made, how long will it take for the investment to grow to $43,500? 2o hột round any intermediate computations, and round your answer to the nearest cent. D=6,0000 nt A = P (1 +) A = P•ert 12.Ashley wants to buy a bond that will mature o $4500 in six years. How much should she pay for the bond now if it earns interest at a rate of 2.5% per year, compounded continuously? Do not round any intermediate computations, and round your answer to the nearest cent. r each ordered pair, determine whether it is a solution to the system of equatio - 3y = 9 5x - 3 (x, y) Is it a solution? yes no
Transcribed Image Text:nona deposited $6000 into an account with a 11% annual interest rate, compounded mannually. Assuming that no withdrawals are made, how long will it take for the investment to grow to $43,500? 2o hột round any intermediate computations, and round your answer to the nearest cent. D=6,0000 nt A = P (1 +) A = P•ert 12.Ashley wants to buy a bond that will mature o $4500 in six years. How much should she pay for the bond now if it earns interest at a rate of 2.5% per year, compounded continuously? Do not round any intermediate computations, and round your answer to the nearest cent. r each ordered pair, determine whether it is a solution to the system of equatio - 3y = 9 5x - 3 (x, y) Is it a solution? yes no
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