The formula A = Pe0.08tgives the amount A that a savings account will be worth after anitial investment P is compounded continusously at an annual rate of 8 percent for t years. Under these conditions, how many years will it take an initial investment of $1,000 to be worth approximately $5,000.  A) 4.1 B) 5.0 C) 8.7 D) 20.1  E) 23.0

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A: The given equation is

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Sequence and Series

A sequence is defined as a collection of things. Series is defined to sum the things one by one in the sequence.  It was invented by German mathematician Carl Friedrich Gauss.