A banker once gave the interpreta1ion of the constant e as the value after 10 years of

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A banker once gave the interpreta1ion of the constant e as the value after 10 years of an account earning 10% interest continuously compounded if the initial deposit is one dollar. Explain the merit of this claim.

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Differential Equations and Linear Algebra

ISBN: 978-0131860612

2nd edition

Authors: Jerry Farlow, James E. Hall, Jean Marie McDill, Beverly H. West

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Question Posted: May 26, 2016 05:55 AM

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A banker once gave the interpreta1ion of the constant e as the value after 10 years of

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The amount of money in a bank account that collects compound ...View the full answer

Differential Equations and Linear Algebra

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