A person invests $1,500 in an acount that doubles every 6 years Let f(t) be the...
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A person invests $1,500 in an acount that doubles every 6 years Let f(t) be the value (in dollars) of the account after t years. Give an equation for f . Round your values to three decimal places. Hint: you are looking for the growth coefficient in exponential growth f(t) What will be the value of the account after 15 years? Round your answer to the nearest cent. $ A person invests $1,500 in an acount that doubles every 6 years Let f(t) be the value (in dollars) of the account after t years. Give an equation for f . Round your values to three decimal places. Hint: you are looking for the growth coefficient in exponential growth f(t) What will be the value of the account after 15 years? Round your answer to the nearest cent. $
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Initial amount 1500 As the amount doubles after every 6 years then the amount after 6 y... View the full answer
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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