Question
The principle P that an individual invests will have a return of amount A at 5.5% interest. This is modeled by the function A (
The principle P that an individual invests will have a return of amount A at 5.5% interest. This is modeled by the function A(t) = Pe0.055t where the time t is measured in years. If $2500 is invested, how long will it take to realize a return amount of $15,000?
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Making Hard Decisions with decision tools
Authors: Robert Clemen, Terence Reilly
3rd edition
538797576, 978-0538797573
