Question 12 and 13

12. Suppose you invest $3000 at a rate of 4%. After t years your amount on deposit. is the double of the initial amount. Find t in each case. (a) The interest is compounded semiannually. (b) The interest is compounded continuously. 13. Let ln 3: 100 = Complete the table below and use the results to guess the limit Il 51513} f (-1") 2: '05 l 0.9 l 0.99 ' 0.999 l 1 ' 1.001 \\ 1.01 l 1.1 l 1.5 for) l l l l l l l