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Content / MATH 132-CO3 Businex WeBWork : Math-132-Elashvili-f2 X + X C O webwork.bridgew.edu/webwork2/Math-132-Elashvili-f23/quiz_mode/Timed_Quiz_4/?effectiveUser=m5nunes Remaining time: 00:38:19 Problem 6. (25 points) A certain investment is
Content / MATH 132-CO3 Businex WeBWork : Math-132-Elashvili-f2 X + X C O webwork.bridgew.edu/webwork2/Math-132-Elashvili-f23/quiz_mode/Timed_Quiz_4/?effectiveUser=m5nunes Remaining time: 00:38:19 Problem 6. (25 points) A certain investment is growing according to the model F = 10000 ( 1 +- 0.15 52t 52 1. How much was the initial investment? 2. How many times is this investment compounded each year? 3. What is the annual interest of this investment, as a decimal? 4. What is the effective annual interest of this investment, as a decimal? 5. How long will it take for this investment to triple? Note: You can earn partial credit on this problem. preview answersContent / MATH 132-CO3 Businex WeBWork : Math-132-Elashvili-f2 x + X - C webwork.bridgew.edu/webwork2/Math-132-Elashvili-f23/quiz_mode/Timed_Quiz_4/?effectiveUser=m5nunes 3. What is the annual interest of this investment, as a decimal? Remaining time: 00:38:02 4. What is the effective annual interest of this investment, as a decimal? 5. How long will it take for this investment to triple? Note: You can earn partial credit on this problem. preview answers Problem 7. (1 point) Is the function below exponential? m(t) = (4.5 ) If so, write the function in the form m(t) = abt and enter the values you find for a and b in the indicated blanks below. If the function is not exponential, enter NONE in both blanks below. Note: You can earn partial credit on this problem. preview answers
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