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Time Required to Reach a Goal If Tanisha has to invest at per annum compounded monthly, how long will it be before she has ? If the compounding is continuous, how long will it be?
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To find: Time Required to Reach a Goal If Tanisha has to invest at per annum compounded monthly, how long will it be before she has ? If the compounding is continuous, how long will it be?
Answer to Problem 39AYU
Solution:
a. years long will it be before she has compounded monthly.
b. years long will be if the compounding is continuous.
Explanation of Solution
Given:
and
Calculation:
a. and
Taking on both sides
years
b.
Taking on both sides
years
Chapter 5 Solutions
Precalculus
Additional Math Textbook Solutions
Glencoe Math Accelerated, Student Edition
Thomas' Calculus: Early Transcendentals (14th Edition)
Calculus: Early Transcendentals (3rd Edition)
Precalculus Enhanced with Graphing Utilities (7th Edition)
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- Calculus: Early TranscendentalsCalculusISBN:9781319050740Author:Jon Rogawski, Colin Adams, Robert FranzosaPublisher:W. H. FreemanCalculus: Early Transcendental FunctionsCalculusISBN:9781337552516Author:Ron Larson, Bruce H. EdwardsPublisher:Cengage Learning
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