You deposit $5000 in an account earning 2% interest compounded continuously. The amount of money, A, in the account after t years is given by A = 5000e⁰.02€ How much will you have in the account in 11 years? $ decimal places. How long will it be until you have $12600 in the account? to 2 decimal places. How long does it take for the money in the account to double? answer to 2 decimal places. Round your answer to 2 years. Round your answe years. Round your

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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You deposit $5000 in an account earning 2% interest compounded continuously. The amount of money, A, in
the account after t years is given by A
=
5000e⁰.02€
How much will you have in the account in 11 years? $
decimal places.
How long will it be until you have $12600 in the account?
to 2 decimal places.
How long does it take for the money in the account to double?
answer to 2 decimal places.
Round your answer to 2
years. Round your answer
years. Round your
Transcribed Image Text:You deposit $5000 in an account earning 2% interest compounded continuously. The amount of money, A, in the account after t years is given by A = 5000e⁰.02€ How much will you have in the account in 11 years? $ decimal places. How long will it be until you have $12600 in the account? to 2 decimal places. How long does it take for the money in the account to double? answer to 2 decimal places. Round your answer to 2 years. Round your answer years. Round your
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