Question
Pamela is looking ahead and planning their retirement, They have a certain account which is expected to earn 6.1% interest compounded continuously. 1. If Pamela
Pamela is looking ahead and planning their retirement, They have a certain account which is expected to earn 6.1% interest compounded continuously.
1. If Pamela invest P dollars, what will her future earnings A be as a function of time in years t?
2. How many years will it take to triple Pamelas initial investment?
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Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
