Mathematics, 10.05.2021 04:30 julissa848
Suppose that P dollars in principal is invested for T years at the given interest rates with continuous compounding. Determine the amount that the investment is worth at the end of the given time period.
P= $16,000
T= 11 years
(a) 1% interest
(b) 4% Interest
(c) 4.5% Interest
Please answer a, b, and c.
Answers: 2
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Suppose that P dollars in principal is invested for T years at the given interest rates with continu...
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