The amount of money in an account that is continuously compounding interest can be found using the formula, A = Per where P is the principal, e is the constant Euler's number, r is the rate of interest and t is the time in years. How can this formula be rewritten as a logarithm to solve for r, the rate of interest? (2A.SC, SS, RCS) A ran в г n P D r=

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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The amount of money in an account that is continuously
compounding interest can be found using the formula, A = Per
where P is the principal, e is the constant Euler's number, r is
the rate of interest and t is the time in years. How can this
formula be rewritten as a logarithm to solve for r, the rate of
interest? (2A.SC, Ss, RCS)
10
In
B.
In t
In AP
In
D r= ex
Transcribed Image Text:The amount of money in an account that is continuously compounding interest can be found using the formula, A = Per where P is the principal, e is the constant Euler's number, r is the rate of interest and t is the time in years. How can this formula be rewritten as a logarithm to solve for r, the rate of interest? (2A.SC, Ss, RCS) 10 In B. In t In AP In D r= ex
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