Question
hi, I have a question about precalculus Growth of an Account. Use the table feature of a graphing calculator to find how long it will
hi, I have a question about precalculus
Growth of an Account. Use the table feature of a graphing calculator to find how long it will take $1500 invested at 2.75% compounded daily to triple in value. Aoom in on the solution by systematically decreasing the increment for x. Find the answer to the nearest day. (find the answer to the nearest day by eventually letting the increment of x equal 1/365. The decimal part of the solution can be multiplied by 365 to determine the number of days greater than the nearest year. For example if the solution is determined to be 16.2027 yr, then multiply .02027 by 365 to get 73.9855. The solution is then t the nearest day 16yr, 74 days. Confirm the answer algebraically
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