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Suppose that P is invested in a savings account in which interest k is compounded...

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Algebra

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Suppose that P is invested in a savings account in which interest k is compounded continuously at 7 per year The balance P 1 after time t in years is P t Pek a What is the exponential growth function in terms of P and 0 07 P t P 0 071 b If 6000 is invested what is the balance after 5 years Round

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