(a) How large a deposit, at 5% interest compounded must be made to obtain a balance of...

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(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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Calculus

ISBN: 9781285057095

10th Edition

Authors: Ron Larson, Bruce H. Edwards

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