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Ch. 7.7 Base e , Natural Logs, Continuous Compounding Interest Q

Authored by Mr. Poredi

Mathematics

9th - 12th Grade

Used 2+ times

Ch. 7.7 Base e , Natural Logs, Continuous Compounding Interest Q
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7 questions

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1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

≈ 1.428

≈ 1.254

≈ 1.824

≈ 19.225

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

≈ 1547.2

≈ 1357.9

≈ 2.150

≈ 1263.6

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Solve for x:

5 ln7x = 15

≈ 2.869

≈ 1.535

≈ 0.903

≈ 3.553

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Solve for x:

3e2x - 5 = 1

1.4452

0

0.5493

0.3466

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Natalie invest $8,987.00 in a saving account that pays her 9% interest compounded continuously. What will her balance be after 12 years?

$9,705.96

$26,463.84

$970,596.00

$440,549,939.80

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Jessica invest $3,607 in a saving account that pays her 3% interest compounded continuously. Approximately, how many years will it take for Jessica to have $4,449.88 ?

≈ 4 years

≈ 8 years

≈ 7 years

≈ 5 years

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

How much will Alfredo need to invest into a saving account that pays him 6.5% interest compounded continuously, to have $20,000 in 18 years?

≈ $5430

≈ $6210

≈ $6550

≈ $1300

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