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Suppose that Po is invested in a savings account in which interest is compounded continuously at 6.6% per year. That is, the balance P grows

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Suppose that Po is invested in a savings account in which interest is compounded continuously at 6.6% per year. That is, the balance P grows at the rate given by the following equation. dP - = 0.066P(t) di (a) Find the function P(t) that satisfies the equation. Write it in terms of Po and 0.066. (b)Suppose that $500 is invested. What is the balance after 1 years? (c) When will an investment of $500 double itself? . ... . (a) Choose the correct answer below. O A. P(t) = P(1) e 0.066t O B. P(1) = P e 0.0661 Time Remaining: 01:16:56 Next

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