Suppose that P dollars in principal is invested in an

Last updated: 5/5/2023

Suppose that P dollars in principal is invested in an account earning 4 3 interest compounded continuously At the end of 4 yr the amount in the account has earned 1595 26 in interest Part 0 2 Part 1 of 2 a Find the original principal Round to the nearest dollar Hint Use the model A Pet and substitute P 1595 26 for A The original principal was approximately Part 1 2 Part 2 of 2 X b Using the original principal from part a and the model A Pe determine the time required for the investment to reach 15 000 Round to 1 decimal place Using the original principal from part a and the model A Pe it will take the investment approximately yr to reach X S