Functions Modeling Change: A Preparation for Calculus, 5th Edition

Published by Wiley
ISBN 10: 1118583191
ISBN 13: 978-1-11858-319-7

Chapter 4 - Exponential Functions - Strengthen Your Understanding - Page 182: 31

Answer

False

Work Step by Step

As the number of times the interest is compounded approaches infinity, the amount earned can be given by $Pe^{rt}$. Thus, the amount of interest earned does not become infinite.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.