1 Answered Questions for the topic Logarithm Word Problems

Logarithm Word Problems

10/09/16

Jake is trying to decide if he should invest $1000 at 9% annual interest compounded monthly or invest $1000 at 8% annual interest compounded continuously. Which

investment should he make? Use the formulas y=P(1+ or -r/n)^nt and y=Ce^kt

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