OpenStax, Intermediate Algebra 2e §10.5 Solve Exponential and Logarithmic Equations · Example 6 · Algebra · Exponentials & logarithms
Solve Exponential and Logarithmic Equations · Example 6
Jermael’s parents put $10,000 in investments for his college expenses on his first birthday. They hope the investments will be worth $50,000 when he turns 18. If the interest compounds continuously, approximately what rate of growth will they need to achieve their goal?
OpenStax, Intermediate Algebra 2e · §10.5 Solve Exponential and Logarithmic Equations · Example 6
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