Mathematics, 08.05.2021 14:00 isabel2007riverton
Suppose that $20,000 is invested at 9% interest, compounded annually. After time t, in years, it grows to the amount A given by the function A(t) = $20,000(1.09)
a) Find the amount of time after which there will be $200,000 in the account.
b) Find the doubling time.
After what amount of time will there be $200,000 in the account?
Answers: 1
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Suppose that $20,000 is invested at 9% interest, compounded annually. After time t, in years, it gro...
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