Use the equation A=Pe^rt to answer each question. 4. Daniel deposits $8,000 into a continuously compounding interest account. After 18 years there is $13,006.40 in the account. What was the interest rate?

Jack has a piece of red ribbon that is two times as long as his piece of blue ribbon. he says that he can use two different equation to find out how long his piece of red ribbon is compared to his piece of blue ribbon is. is he correct? explain his reasoning