devinmoore1093 devinmoore1093
  • 10-03-2021
  • Mathematics
contestada

How long will it take for an investment of $1000 to double in value if the interest rate is 8.5% per year, compounded continuously

Respuesta :

luissanchez16
luissanchez16 luissanchez16
  • 10-03-2021

answer:

t = 9.24 years.

Step-by-step explanation:

t = ln2/0.075

t = 9.24 years.

Answer Link

Otras preguntas

Read the following sentence. Both the neighborhood dogs howling at the moon and the fireworks going off on Main street made for a very loud and exciting evenin
hi what is the answer for this
the owner of a restaurant is placing an order for bread On Friday there were 300 customers in the restaurant and 100 bread rolls were served. On Saturday he is
Please help! Image Below!
How did pro-slavery groups influence the Kansas elections in 1855? A.They encouraged anti-slavery families to move to Kansas. B.They petitioned Congress for rep
which of the following is a correc t interpretation of the expression -3 + (-5)?
Match the term with the definition. (5 points) Group of answer choices Triangle Rectangle Circle Cylinder Cone
After growing up as an enslaved person, Josiah T. Walls became Florida’s first African American
х + 2х +___ = 5x what goes in the blank
if f (x) =7x cube - 8x+20 then f (2) is ?