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Question 6 Ten thousand dollars is deposited in a savings account at 4.6% interest compounded continuously. How fast is the balance growing when it
Question 6 Ten thousand dollars is deposited in a savings account at 4.6% interest compounded continuously. How fast is the balance growing when it triples? (provide the appropriate units. 0.5 marks will be deducted for not using the correct units.)
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Fundamentals of Engineering Economics
Authors: Chan S. Park
3rd edition
132775425, 132775427, 978-0132775427
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