Question: If $8500 is invested at 11.5% compounded continuously, the future value S at any time t (in years) is given by S = 8500e0.115t (a)
If $8500 is invested at 11.5% compounded continuously, the future value S at any time t (in years) is given by
S = 8500e0.115t
(a) What is the amount after 18 months?
(b) How long before the investment doubles?
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