Complete the table for a savings account in which interest is compounded continuously.
Initial investment
Annual rate
Time to double
Amount after 10 years
---
6.93%
---

A. Initial investment:
Time to double: 10 yr
B. Initial investment:
Time to double: 10 yr
C. Initial investment:
Time to double: 10 yr
D. Initial investment:
Time to double: 10 yr
E. Initial investment:
Time to double: 10 yr
Answer: A
You might also like to view...
An initial deposit of $26,000 grows at an annual rate of 7% for 20 years. Compare the final balances resulting from continuous compounding and annual compounding. Round the answers to the nearest cent.
A. $100,610.89 from annual compounding; $105,433.70 from continuous compounding B. $100,611.80 from annual compounding; $105,435.20 from continuous compounding C. $100,613.85 from annual compounding; $105,455.20 from continuous compounding D. $100,608.80 from annual compounding; $105,437.25 from continuous compounding
Shade the regions representing the set.(A' ? B) ? C
A.
B.
C.
D.
Graph the region described by the inequality.y < x
A.
B.
C.
D.
On a number line, negative numbers are on the left and positive numbers are on the right. Arrange these three numbers as they would appear on a number line: -0.175, -1.45, -1.25
A) -1.45, -0.175, -1.25 B) -1.45, -1.25, -0.175 C) -1.25, -1.45, -0.175 D) -0.175, -1.45, -1.25 E) -0.175, -1.25, -1.45