Mathematics, 03.03.2021 05:50 Matseleng3775
$8,000 is invested in an account earning 8.7% interest (APR), compounded
continuously. Write a function showing the value of the account after t years, where
the annual growth rate can be found from a constant in the function. Round all
coefficients in the function to four decimal places. Also, determine the percentage of
growth per year (APY), to the nearest hundredth of a percent.
Answers: 2
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$8,000 is invested in an account earning 8.7% interest (APR), compounded
continuously. Write a func...
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