Jamal wants to invest $4,300 in an account with an interest rate of 7.2% that is compounded CONTINUOUSLY. Which of the following choices will correctly calculate the amount of money in Jamal's account after 9 years? 12 x9 7.2 Amoune = 4300 1+) 12 O B. Amount =4300x7.2xe OC. Amount = 4300e7.2 x 9 12x9 OD. Amount = 4300 1+ 0.072 12 O E. Amount = 4300e 0.072 x 9 OF. Amount=0.072x9xe 4300
Jamal wants to invest $4,300 in an account with an interest rate of 7.2% that is compounded CONTINUOUSLY. Which of the following choices will correctly calculate the amount of money in Jamal's account after 9 years? 12 x9 7.2 Amoune = 4300 1+) 12 O B. Amount =4300x7.2xe OC. Amount = 4300e7.2 x 9 12x9 OD. Amount = 4300 1+ 0.072 12 O E. Amount = 4300e 0.072 x 9 OF. Amount=0.072x9xe 4300
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 3PT: Drew wants to save 2,500 to go to the nextWorld Cup. To the nearest dollar, how much willhe need to...
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