menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Mathematics
  3. Study Set
    Trigsted College Algebra
  4. Exam
    Exam 5: Exponential and Logarithmic Functions and Equations
  5. Question
    Solve the Problem. -Kimberly Invested $3000 in Her Savings Account for 7 Years
Solved

Solve the Problem. -Kimberly Invested $3000 in Her Savings Account for 7 Years

Question 3

Question 3

Multiple Choice

Solve the problem.
-Kimberly invested $3000 in her savings account for 7 years. When she withdrew it, she had $3779.58. Interest was compounded continuously. What was the interest rate on the account? Round to the nearest tenth of a percent.


A) 3.3%
B) 3.2%
C) 3.45%
D) 3.4%

Correct Answer:

verifed

Verified

Related Questions

Q1: Solve the equation.<br>- <span class="ql-formula" data-value="2

Q2: Solve the equation.<br>- <span class="ql-formula" data-value="\log

Q4: Graph the function.<br>- <span class="ql-formula" data-value="(

Q5: Evaluate the expression without the use

Q6: Use properties of logarithms to expand

Q7: Use properties of logarithms to expand

Q8: Use properties of logarithms to condense

Q9: Write the exponential equation as an

Q10: Use transformations to graph the function.

Q11: Solve the equation.<br>- <span class="ql-formula" data-value="4

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines