How long, rounded up to the nearest year, will it take me to become a millionaire if I invest $3,000 at 12% interest compounded continuously? ______ yr
How long, rounded up to the nearest year, will it take me to become a millionaire if I invest $3,000 at 12% interest compounded continuously? ______ yr
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section4.2: The Natural Exponential Function
Problem 2E
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How long, rounded up to the nearest year, will it take me to become a millionaire if I invest $3,000 at 12% interest compounded continuously?
______ yr
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