Mia X.

asked • 09/05/17

PLEASE HELP exponential and log word problem

Bailey is saving money to buy a new car in 2 years. Find the amount she needs to invest now in a certificate of deposit that pays 10 percent compounded continuously in order to have $5000 for her car. Use A=Pe^{rt}to find this amount

1 Expert Answer


Alexander B. answered • 09/05/17

5 (7)

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