Mathematics, 25.01.2021 18:20 kayelynn003
A bank account, initially with $2500, earns interest at a rate of 3.5% compounded continuously.
Part A:
Write an equation that can be used to determine the time, t, in years that it will take the account to reach $5000,
Part B:
Determine the value of t to the nearest tenth of a year and explain how you determined your answer.
Answers: 3
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A bank account, initially with $2500, earns interest at a rate of 3.5% compounded continuously.
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