The equation A t 8000e0 06t gives the balance after t years

Last updated: 11/2/2023

The equation A t 8000e0 06t gives the balance after t years of an initial investment of 8000 dollars which pays 6 00 compounded continuously dA a Find a formula for dt b Find and interpret A 6 Include appropriate units c Compare the approximation of 688 to the actual change Report your answer to two decimal places a dA dt b A 6 Round up to the nearest dollar Interpret A 6 688 OA The future value of a 7 year investment of 8001 will be of 8000 B The future value of a 6 year investment of 8001 will be of 8000 more than the future value of a 6 year investment more than the future value of a 6 year investment OC The future value of a 6 year investment of 8000 at 7 00 will be investment of 8000 at 6 00 OD The future value of a 7 year investment of 8000 will be more than the future value of a 6 year more than the future value of a 6 year investment