How long (in years) will it take a $300 investment to be worth $400 if it is continuously compounded at 9% per year? (Give the answer to two decimal places.)
How long (in years) will it take a $300 investment to be worth $400 if it is continuously compounded at 9% per year? (Give the answer to two decimal places.)
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 4PT: An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded...
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How long (in years) will it take a $300 investment to be worth $400 if it is continuously compounded at 9% per year? (Give the answer to two decimal places.)
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