Question: A sum of$900at12%interest compounded continuously will grow to V ( t ) =900 e 0.12 t dollars in t years. Find the rate of growth
A sum of$900at12%interest compounded continuously will grow toV(t) =900e0.12t
dollars intyears. Find the rate of growth after the following amounts of time. (Round your answers to two decimal places.)
(a)0 years (the time of the original deposit)
dollars per year
(b)5years
dollars per year
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