Using natural growth formula (FV=A(e^rt))

1. Put $5K in a bank that pays interest at 3% annual rate, compounded continuously.What is the resulting amount after 12 years of interest assuming no money has been touched.

2. a. Current population is 300 million and rate growth of population is 4%. how many years until population increases by 50%?

b. what will the population be in 25 years.

Answer rating: 100% (QA)

1 2 a A 300 million ... View the full answer