Question:
Using P t Poekt suppose that 5000 is invested in a savings
Last updated: 11/9/2023
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Using P t Poekt suppose that 5000 is invested in a savings account where interest is compounde continuously at 2 5 per year You may utilize your calculator to find answers show the work to g there algebraically a Find the exponential equation that models this scenario b What is the balance after 1 year 2 years How long will it take for the original investment to double