Advanced Placement Calculus 2016 Graphical Numerical Algebraic Fifth Edition Student Edition + Mathxl 1-year License
5th Edition
ISBN: 9780133314533
Author: Prentice Hall
Publisher: Prentice Hall
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- The formula for the amount A in an investmentaccount with a nominal interest rate r at any timet is given by A(t)=a(e)rt, where a is the amount ofprincipal initially deposited into an account thatcompounds continuously. Prove that the percentageof interest earned to principal at any time t can becalculated with the formula I(t)=ert1.arrow_forwardDoes the equation y=2.294e0.654t representcontinuous growth, continuous decay, or neither?Explain.arrow_forward
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