The future value that accrues when $700 is invested at 9%, compounded continuously, is S(t) = 700e0.09t

Question:

The that accrues when $700 is invested at 9%, compounded continuously, is
S(t) = 700e0.09t
where t is the number of years.
(a) At what rate is the money in this account growing when t = 4?
(b) At what rate is it growing when t =10?
Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...