1. Edith purchased $500 in American bonds this year. The bond's value is increasing at a continuous rate of 4.28%. Write the function that gives the value of the population as a function of time t in years.
2. Bond's value in 10 years?
3. America currently holds nearly $6.1 trillion in government bonds. The total U.S govt debt stands at $32 trillion. How long will it take for American government's bonds holdings to appreciate to the total debt of $32 trillion if the bonds are growing at a continuous rate of 4.28%?

Answer rating: 100% (QA)

To find the function that gives the value of the bond as a function of time t in years we can use th... View the full answer