We invest a given amount of money in a bank account whose yearly rate is 3.5 %, compounded continuously. How long will it take for the initial amount to triple? A. t= In(3). В. 0.035 С. t = In(0.035) 3 D. t = (0.035) In(3). Е. 3(0.02) In(3). t = F. None of these answer.

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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We invest a given amount of money in a bank account whose yearly rate is 3.5%, compounded
continuously. How long will it take for the initial amount to triple?
A. t= In(3).
B. t =
In 3
0.035
C. t= In(0.035)
3
D. t= (0.035) In(3).
E. t (0.02) In(3).
F None of these answer.
Transcribed Image Text:We invest a given amount of money in a bank account whose yearly rate is 3.5%, compounded continuously. How long will it take for the initial amount to triple? A. t= In(3). B. t = In 3 0.035 C. t= In(0.035) 3 D. t= (0.035) In(3). E. t (0.02) In(3). F None of these answer.
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