The principal amount is is placed in a bank.
The time period is years.
Continuous compounding interest, then the principal amount is .
For rate of interest :
.
For rate of interest :
.
For rate of interest :
.
Graph :
\Graph the function ,
and
.
(a)
\Find the pricipal amount after years at
of rate of interest.
Rate of interest : .
Substitute and
in
.
The balance in the account after years at
of rate of interest
dollars.
(b)
\Find the pricipal amount after years at
of rate of interest.
Rate of interest : .
Substitute and
in
.
The ending balance in the account after years at
of rate of interest
dollars.
(c)
\Find the pricipal amount after years at
of rate of interest.
Rate of interest : .
Substitute and
in
.
.
The ending balance in the account after years at
of rate of interest
dollars.
Graph of the function ,
and
.
(a) The ending balance of the rate of interest is
dollars.
(b) The ending balance of the rate of interest is
dollars.
(c) The ending balance of the rate of interest is
dollars.