If $4900 Is Invested in an Account Earning 7% Annual $\mathrm { n } = \frac { \ln 2 } { 0.07 }$

question 231

Multiple Choice

If $4900 is invested in an account earning 7% annual interest compounded continuously, then the number of years that it takes for the amount to grow to $9800 is $\mathrm { n } = \frac { \ln 2 } { 0.07 }$ Find the number of years to the nearest tenth of a
Year.

• A) 7.9 yr
• B) 9.9 yr
• C) 11.9 yr
• D) 14.9 yr

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Definitions:

Case Management

Organized system for delivering health care to an individual patient or group of patients across an episode of illness and/or a continuum of care; includes assessment and development of a plan of care, coordination of all services, referral, and follow-up; usually assigned to one professional.

Cost-effectiveness

A measure used to evaluate the efficiency of a product or service by comparing its cost to the benefits it delivers, often used in healthcare to determine the best use of limited resources.

Diabetes

A chronic metabolic disease characterized by high blood sugar levels due to insulin production abnormalities or the body's response to insulin.

Evidence-based

An approach that prioritizes the use of data and strong, scientifically-backed information in decision-making processes, particularly within healthcare.