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Interest compounded continuously. Complete the following: Doubling Initial Investment Interest Time, T at t=0, Po Rate, k Amount after 5 yr (in years) $75,000
Interest compounded continuously. Complete the following: Doubling Initial Investment Interest Time, T at t=0, Po Rate, k Amount after 5 yr (in years) $75,000 6.2% $5,000 $ SA $ % 8.4% % 11 $ $7,130.90 $11,414.71 $17,539.32 Note: When calculating the interest rate, round your decimal to 3 decimals then convert your result into a percent. Note: When calculating your time T, round to 1 decimal. Note: When calculating your dollar amount round to 2 decimale
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