2. Exponential Word ProblemsExponential Word Problems
• If $3000 is to be invested at 8% per year,
compounded quarterly, in how many years will the
investment be worth $10,680?
3. Exponential Word ProblemsExponential Word Problems
• If $3000 is to be invested at 8% per year,
compounded continuously, in how much will it be
worth after 16 years?