Use the formula for continuously compounded interest (below) for the questions that follow P = initial amount A = amount at time t r = interest rate t=time in years e is approximately equal to 2.7183 ln(2) is approximately 0.69315
ANSWER (2010). Section 8-7: Base e and Natural Logarithms. In J. A. Carter, D. Roger, C. Malloy, & G. J. Cuevas, Algebra 2 (pp. 525-532). Columbus: Glencoe McGraw-Hill.
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