Solve the Problem. -If Emery Has $2000 to Invest at 8% Per Year

question 66

Multiple Choice

Solve the problem.
-If Emery has $2000 to invest at 8% per year compounded monthly, how long will it be before he has $3300? If the compounding is continuous, how long will it be? (Round your answers to three decimal places.)

• A) 6.281 yrs, 6.26 yrs
• B) 0.542 yrs, 0.522 yrs
• C) 78.476 yrs, 6.51 yrs
• D) 0.082 yrs, 0.626 yrs

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Definitions:

Electrolytic

A type of capacitor that is polarity sensitive.

Temperature Coefficient

A parameter that quantifies the change in a physical property of a material as the temperature changes.

Capacitance Change

A variation in the ability of a capacitor to store an electrical charge, affected by factors such as distance between plates, area of plates, and the dielectric material.

Variable Capacitors

Capacitors whose value can be changed.