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If $4000 is invested at an interest rate of 8.25% per year, compounded continuously, find the value of the investment after the given number of years. (Round your answers to the nearest cen (a) 3 years $4 (b) 6 years (c) 9 years

If $4000 is invested at an interest rate of 8.25% per year, compounded continuously, find the value of the investment after the given number of years. (Round your answers to the nearest cen (a) 3 years $4 (b) 6 years (c) 9 years

Calculus For The Life Sciences
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.
Chapter9: Multivariable Calculus
Section9.CR: Chapter 9 Review
Problem 54CR
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(b) Use the definition to show that cosh(-x) = cosh(x). + e-(-x) cosh(-x) = e-X + e*
Transcribed Image Text:(b) Use the definition to show that cosh(-x) = cosh(x). + e-(-x) cosh(-x) = e-X + e*
If $4000 is invested at an interest rate of 8.25% per year, compounded continuously, find the value of the investment after the given number of years. (Round your answers to the nearest cent.) (а) 3 years (b) 6 years (с) 9 years $|
Transcribed Image Text:If $4000 is invested at an interest rate of 8.25% per year, compounded continuously, find the value of the investment after the given number of years. (Round your answers to the nearest cent.) (а) 3 years (b) 6 years (с) 9 years $|
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