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    Exam 5: Growth and Decay: An Introduction to Exponential Functions
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    Alice Invests $8,000 in an Account Offering 6% Interest Compounded
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Alice Invests $8,000 in an Account Offering 6% Interest Compounded

Question 45

Question 45

Short Answer

Alice invests $8,000 in an account offering 6% interest compounded continuously.
How many years until the account value reaches $10,000? Round your answer to the nearest year.

Correct Answer:

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