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

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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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Precalculus

ISBN: 9781938168345

1st Edition

Authors: Jay Abramson

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Question Posted: Jun 02, 2022 04:02 AM

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

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SOLUTION We have P12000 R0072 T30 So APeRT ...View the full answer

Precalculus

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