document.write( "Question 249998: A man invests $6500 in an account that pays 6% interest per year, compounded continuously.
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document.write( "(a) What is the amount after 2 years?
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document.write( "(b) How long will it take for the amount to be $8000? \n" );
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Algebra.Com's Answer #182011 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! a) \n" ); document.write( "A=Pe^rt \n" ); document.write( "A=6500(2.7183)^.06*2 \n" ); document.write( "A=6500(1.1275) \n" ); document.write( "A=$7637.50 \n" ); document.write( "b) \n" ); document.write( "2.09 yrs \n" ); document.write( " |