(a)
To find: The amount annually.
(a)
Answer to Problem 63RE
The answer:
About
Explanation of Solution
Given information:
The amount time required for
Calculation:
T is the times of years.
Here,
Hence, the interest is annually
Apply the formula and simplify:
Therefore, the required amount annually is about
(b)
To find: The amount continuously.
(b)
Answer to Problem 63RE
The answer:
About
Explanation of Solution
Given information:
The amount time required for
Calculation:
Where,
T is the times of years.
Here,
Apply the formula and simplify:
Therefore, the required amount continuously is about
Chapter 6 Solutions
CALCULUS:GRAPHICAL,...,AP ED.-W/ACCESS
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