Money in a bank account earns interest at a continuousrate, r. The amount of money, $B

Chapter 14, Problem 44

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Money in a bank account earns interest at a continuousrate, r. The amount of money, $B, in the account dependson the amount deposited, $P, and the time, t, ithas been in the bank according to the formulaB = P ert.Find B/t and B/P and interpret each in financialterms.

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