SOLUTION: A principal P, invested at 7.75% and compounded continuously, increases to an amount that is K times the original principal after T years, where T is given by
t=ln(K)/0.0775.
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Question 1179102: A principal P, invested at 7.75% and compounded continuously, increases to an amount that is K times the original principal after T years, where T is given by
t=ln(K)/0.0775.
Answer by MathLover1(20850) (Show Source): You can put this solution on YOUR website!
what is your question? is it to sketch a graph of the function?
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