The balance of an account continuously compounded was $2006 after 7 years and $6790 after 12 years. What's the balance after 14 years? dollars.
The balance of an account continuously compounded was $2006 after 7 years and $6790 after 12 years. What's the balance after 14 years? dollars.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter6: Saving And Investing
Section6.1: Why Save?
Problem 6R
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![The balance of an account continuously compounded was $2006 after 7 years and $6790 after 12 years. What's the balance
after 14 years?
dollars.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa9a10ed2-3faf-4c31-99d4-82bf00dd1cd3%2Fa74d476b-3024-4c6e-b142-01374e6d49b4%2Fro6jmbm_processed.png&w=3840&q=75)
Transcribed Image Text:The balance of an account continuously compounded was $2006 after 7 years and $6790 after 12 years. What's the balance
after 14 years?
dollars.
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