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April 17, 2014

Homework Help: Math-Exponential functions

Posted by Melia on Wednesday, October 24, 2012 at 8:19am.

An investment of $5,000 is made with three options:6% coumpounded annually, quarterly, and continuously.
1.) Create three functions
2.)What will be the value of each investment after 40 years?
3.)Which of the three investments will grow to a value of $30,000?
4.)What will be the value of each investment in 2024?

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