[Solved] Suppose $5000 is invested at interest rate k, compounded continuously and grows to $6954.84 in 6 years. Find the interest rate Find the exponential


Question: Suppose $5000 is invested at interest rate k, compounded continuously and grows to $6954.84 in 6 years.

  1. Find the interest rate
  2. Find the exponential growth function
  3. Find the balance after 10 years
  4. Find the doubling time

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