Mel S.

asked • 11/27/22

Complete the table for a savings account in which interest is compounded continuously. (Round your answers to four decimal places.)

Complete the table for a savings account in which interest is compounded continuously. (Round your answers to four decimal places.)


initial investment: $250

annual rate (%): ___

time to double: ___years

amount after 14 years: $335.21



thanks:))

Brenda D.

tutor
You can use the same format given in a previous answer by Mark M with info given. You are just solving for other variables. There is always just using the Continuous Compound Interest Formula as well since you are given the amount after 14 years. I hope you gave it a try.
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11/28/22

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