Mathematics, 21.01.2021 03:10, Zykuko

Sean invests $10,000 at an annual rate of 5% compounded continuously, according to the formula A= Pe, where A is the amount, P is the principal, e = 2.718, r is the rate of interest, and
tis time, in years.
Determine, to the nearest dollar, the amount of money Sean will have after 2 years.
$
Determine how many years, to the nearest year, it will take for Sean's initial investment to
double.

years

Answers: 2

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Sean invests $10,000 at an annual rate of 5% compounded continuously, according to the formula A= P...