Suppose you deposited $2000 in a saving account in which interest is compounded continuously. It takes...

Question

Question

Suppose you deposited $2000 in a saving account in which interest is compounded continuously. It takes 16 years to double you

math calculus

Answer 1

Answer #1

st P= po e 162 2 p = Po en 1n2 =8 16 89 0.04332 . 8-14.33% 8=14.3 % one deimal plee (a) (0) P= gooo 0 0 4.3826 Pa 16117.46

Answer 2

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