Solution Found!
Compound Interest In Exercises 714, complete the table for
Chapter 3, Problem 3.5.7(choose chapter or problem)
Compound Interest In Exercise, complete the table for a savings account in which interest is compounded continuously
\(\begin{array}{lccc}
\begin{array}{l}
\text { Initial } \\
\text { Investment }
\end{array} & \begin{array}{c}
\text { Annual } \\
\% \text { Rate }
\end{array} & \begin{array}{c}
\text { Time to } \\
\text { Double }
\end{array} & \begin{array}{c}
\text { Amount After } \\
\text { 10 Years }
\end{array} \\
\$ 10,000 & 3.5 \% & &
\end{array}\)
Questions & Answers
QUESTION:
Compound Interest In Exercise, complete the table for a savings account in which interest is compounded continuously
\(\begin{array}{lccc}
\begin{array}{l}
\text { Initial } \\
\text { Investment }
\end{array} & \begin{array}{c}
\text { Annual } \\
\% \text { Rate }
\end{array} & \begin{array}{c}
\text { Time to } \\
\text { Double }
\end{array} & \begin{array}{c}
\text { Amount After } \\
\text { 10 Years }
\end{array} \\
\$ 10,000 & 3.5 \% & &
\end{array}\)
Step 1 of 4
Given:
\(\begin{array}{l}
P=\$ 10,000 \\
r=3.5 \%=0.035
\end{array}\)