Question: (a) How large a deposit, at 5% interest compounded must be made to obtain a balance of $10,000 continuously, in 15 years? (b) A deposit
(a) How large a deposit, at 5% interest compounded must be made to obtain a balance of $10,000 continuously, in 15 years?
(b) A deposit earns interest at a rate of r percent compounded
continuously and doubles in value in 10 years. Find r.
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