BackApplications of Exponential Functions in Continuous Compounding and Radioactive Decay
Study Guide - Practice Questions
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- #1 Multiple ChoiceIf money is invested at a continuous compound interest rate of 5.5%, how long will it take for the investment to triple in value?
- #2 Multiple ChoiceThe continuous compound rate of decay of carbon-14 per year is $ r = 0.0001238 $. How long will it take for a sample to decay to half its original amount?
- #3 Multiple ChoiceSuppose you invest $1000 at a continuous interest rate of 4% per year. What will be the value of your investment after 10 years?
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- Continuous Compound Interest and Decay7 Questions