Suppose $5000 is invested at interest rate k, compounded continuously and grows to $6954.84 in 6 yea


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

(a) Find the interest rate

(b) Find the exponential growth function

(c) Find the balance after 10 years

(d) Find the doubling time

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