Mario invested $280 at 8% interest compounded continuously. Write the exponential function to represent the situation and at what time will the total reach $1,000,000?
O y =
280e0.8 ; 10.2 years
Oy
y = 280e 0.08t ; 102.3 years
O y = 280(1.8)
0.84
; 13.9 years
O y = 280(1.08)0.8; 106.3 years

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