Use the account balance formula A = Pe^rt to complete the table for a savings account in which interest is compounded continuously. (Round your answers to two decimal places.) Find the annual % rate and Time to Double. Initial investment = $450 Amount After 10 years = 1000
Unitary Method
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Use the account balance formula A = Pe^rt to complete the table for a savings account in which interest is compounded continuously. (Round your answers to two decimal places.)
Find the annual % rate and Time to Double.
Initial investment = $450
Amount After 10 years = 1000
I've asked this question before and was given the answers 8% and time to double was 8.66 years but when I submit my homework it says these answers are not correct.
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