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1 a Question 1 7 NEXT BOOKMARK Keith received money from his family and friends...

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Algebra

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1 a Question 1 7 NEXT BOOKMARK Keith received money from his family and friends for his birthday He decides to put the money in the bank Keith invests 3 050 at 13 7 interest compounded continuously Write an equation in y form to represent Keith s investment Use t for time 3 points 3 points x b If Keith s investment increases at the same interest rate each year how long will it take Keith s investment to double SHOW ALL WORK FOR HOW YOU SET UP THE PROBLEM AND USE LOGARITHMIC PROPERTIES TO ALGEBRAICALLY SOLVE THE PROBLEM

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