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6. Imagine that you put $1500 into an account that pays 5.6% per year, compounded continuously. (a) What function gives the amount in the
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6. Imagine that you put $1500 into an account that pays 5.6% per year, compounded continuously. (a) What function gives the amount in the account after t years? (b) What is the balance after 5 years? (c) What is the balance after 10 years? (d) How long does it take for the account to double in value?
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