$4,300 is invested in an account earning 5.2% interest (APR), compounded continuously. Write a function...
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Algebra
$4,300 is invested in an account earning 5.2% interest (APR), compounded continuously. Write a function showing the value of the account after t years, where the annual growth rate can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage of growth per year (APY), to the nearest hundredth of a percent.Function: f(t)= Growth= ___ % increase per year
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