Suppose that P dollars in principal is invested for t years

Last updated: 5/10/2023

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 8000 t 13 yr a 3 interest b 4 interest c 6 5 Interest Part 0 3 Part 1 of 3 a At 3 interest rate the investment will be worth S Part 1 3 Part 2 of 3 b At 4 interest rate the investment will be worth S Part 2 3 at the end of 13 yr at the end of 13 yr