Question:

If 7000 is invested for t years at 7 interest compounded

Last updated: 6/29/2023

If 7000 is invested for t years at 7 interest compounded

If 7000 is invested for t years at 7 interest compounded continuously the future value is given by S 7000 e 0 07t a Graph this function for 0 st 15 Choose the correct graph below A 34 000 AS 0 0 15 OB AS 34 000 0 0 18 651 19 Round to the nearest whole number as needed 15 C 34 000 AS 0 0 15 G b Use the graph to estimate when the future value will be 16 000 Choose the correct answer below A t 10 81 years OB t 23 62 years C t 11 81 years c Complete the following table t Year S dollars Complete parts a through c O D AS 34 000 0 15 OD t 12 81 years