Question: For the following exercises, determine whether the equation represents continuous growth, continuous decay, or neither. Explain. Suppose an investment account is opened with an initial

For the following exercises, determine whether the equation represents continuous growth, continuous decay, or neither. Explain.

Suppose an investment account is opened with an initial deposit of $12,000 earning 7.2% interest compounded continuously. How much will the account be worth after 30 years?

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