Question
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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