Suppose that P dollars in principal is invested in an account earning 4.4% interest compounded continuously. At the end of 3 yr, the amount in the account has earned $1058.31 in interest. Find the original principal and round to the nearest dollar
Suppose that P dollars in principal is invested in an account earning 4.4% interest compounded continuously. At the end of 3 yr, the amount in the account has earned $1058.31 in interest. Find the original principal and round to the nearest dollar
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter2: Exponential, Logarithmic, And Trigonometric Functions
Section2.1: Exponential Functions
Problem 2YT
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Suppose that P dollars in principal is invested in an account earning 4.4% interest compounded continuously. At the end of 3 yr, the amount in the account has earned $1058.31 in interest. Find the original principal and round to the nearest dollar
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