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onq.queensu.ca 15 . . . TULUITal 10:00 Ej Rajsky: Attempt 1 Previous Page Next Page Page 4 of 4 Question 7 (1 point) Saved Saving
onq.queensu.ca 15 . . . TULUITal 10:00 Ej Rajsky: Attempt 1 Previous Page Next Page Page 4 of 4 Question 7 (1 point) Saved Saving a total of 1000 dollars per year for 20 years, at 5% interest compounded 20 continuously, will give a final savings amount of (1000)e0.05(20-1) dt 0 dollars. Evaluate this integral to compute the final savings. round your answer to the nearest dollar. Your Answer: 34366 Answer Question 8 (1 point) Saved Savings can be increased by saving more and more each year. If an investor saves S(t) = 1000 + 100t dollars/year for 20 years at 5% interest compoundedonq.queensu.ca 15 . . . onal Ej Rajsky: Attempt 1 Answer Question 8 (1 point) Saved Savings can be increased by saving more and more each year. If an investor saves S(t) = 1000 + 100tdollars/year for 20 years at 5% interest compounded continuously, the final savings amount is given by 20 (1000 + 100t) e .02 dt dollars. Evaluate this integral to compute o the final savings. Round your answer to the nearest dollar. Your Answer: 63097 Answer Page 4 of 4 Previous Page Next Page
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