Chapter5: Exponential And Logarithmic Functions
Section5.1: Exponential Functions And Their Graphs
Problem 6E
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Set up the formula to find the balance after 12 years for a total of $3,000 invested at an annual interest rate of 7% compounded
continuously.
Esc
O
80°F
Mostly sunny
○ A = 3000 (1 + 3) (7) (12)
O
365
F1
A = 3000e(7) (12)
Q
Z
A = 3000 e(0.07) (12)
A = 3000 (1 +
F2
2
W
S
X
F3
#3
E
0.07 (365) (12)
365
D
F4
C
$
4
R
F5
F
ГА
%
5
V
F6
T
O Search
丸
G
6
F7
B
다
Y
H
F8
&
7
U
N
F9
* 00
J
8
€1
10
M
F10
کلا
(
9
K
F11
In alto de
O
)
0
L
Alt
F12
P
Prt Sc
Ctrl
{
L
+ 11
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Bocory
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Insert
]
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ì
Enter
7
3:33 PM
4/18/2023
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Transcribed Image Text:Tab
s Lock
Set up the formula to find the balance after 12 years for a total of $3,000 invested at an annual interest rate of 7% compounded
continuously.
Esc
O
80°F
Mostly sunny
○ A = 3000 (1 + 3) (7) (12)
O
365
F1
A = 3000e(7) (12)
Q
Z
A = 3000 e(0.07) (12)
A = 3000 (1 +
F2
2
W
S
X
F3
#3
E
0.07 (365) (12)
365
D
F4
C
$
4
R
F5
F
ГА
%
5
V
F6
T
O Search
丸
G
6
F7
B
다
Y
H
F8
&
7
U
N
F9
* 00
J
8
€1
10
M
F10
کلا
(
9
K
F11
In alto de
O
)
0
L
Alt
F12
P
Prt Sc
Ctrl
{
L
+ 11
?
Bocory
nos han
Insert
]
Del
Backspace
ì
Enter
7
3:33 PM
4/18/2023
Home
Shift
00-
8
Num
Lock
5
End
2
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