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Evaluate 11) A = 1000e 0.1t for t = 2 a) .12214 b) 122.14 c) 1,221.4. d) 12.214 12) A = 1200e 0.04t for t

Evaluate 11) A = 1000e0.1t for t = 2

a) .12214 b) 122.14 c) 1,221.4. d) 12.214

12) A = 1200e0.04t for t = 5

a) 1465.68 b) 14.65 c) .01465 d) none

13) Solve 2 = e.06t

a) .06 b) .2 c) 11.55 d) 11.65

Continuous Compound Interest. Provident Bank offers a 5-year CD that earns 5.75% compounded continuously.

14) If $1,000 is invested in this CD. how much will it be worth in 2 years?

b) 11,333 b) .1333 c) 13,333 d) 1,333

15) If $1,000 is invested in this CD. how much will it be worth in 2 years?

a) 11,333 b) .1333. c) 13,333 d) 1,333

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