Use the formula Pt= P0e^rt. where Pt is the amount after t years, P0 is the initial amount, t is the rate of interest, and t is
the time period, to complete the table.
1 answer:
Answer:
Step-by-step explanation:
From the given formula,
Now we put the values in the formula to get the values of the blank spaces in the table,
1).
r =
r ≈ 4.2%
2).
r =
r = 0.0497
r = 5%
3).
t =
t = 3.5 years
4).
t =
t ≈ 6 years
5).
r =
r ≈ 3%
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