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Suppose that P dollars in principal is invested in an account earning 3.2 % interest compounded continuously. At the end of 3 yr, the amount in the account has earned 806.07 in interest. a. Find the original principal. Round to the nearest dollar. (Hint: Use the model A=P e^r t and substitute P 806.07 for A .) b. Using the original principal from part (a) and the model A=P e^r t, determine the time required for the investment to reach 10,000. | Numerade
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