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CalculusQ&A LibraryA sum of $800 at 7% interest compounded continuously will grow to V(t) = 800e0.07t dollars in t years. Find the rate of growth after the following amounts of time. (Round your answers to two decimal places.) (a) 0 years (the time of the original deposit) dollars per year(b) 15 years dollars per yearStart your trial now! First week only $4.99!*arrow_forward*

Question

A sum of $800 at 7% interest compounded continuously will grow to

V(t) = 800e^{0.07t}

dollars in *t* years. Find the rate of growth after the following amounts of time. (Round your answers to two decimal places.)

(a) 0 years (the time of the original deposit)

dollars per year

(b) 15 years

dollars per year

dollars per year

(b) 15 years

dollars per year

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Calculus

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