Complete the table for a savings account in which interest is compounded continuously. (Round any dollar amount to the nearest cent and any other value to 4 decimal places.)

Question

Complete the table for a savings account in which interest is compounded continuously. (Round any dollar amount to the nearest cent and any other value to 4 decimal places.)

initial investment: $3500

annual rate(%): 2%

time to double: ____

amount after 10 years: ______

thank you:))

Answer 1

2 = e^0.02t

A = 3500e^10(0.02)