) How long will it take for $9800 to grow to $14,500 at an interest rate of 6.1% if the interest is compounded continuously? Round the number of yeais to the nearest hundredth. A) 6 42 69) B) 642 24 C) 0 64 D) 0 24

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter13: Division Of Decimal Fractions
Section: Chapter Questions
Problem 15A: How much stock per stroke is removed by the wheel of a surface grinder if a depth of 4.725...
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69) How long will it take for $9800 to grow to $14,500 at an interest rate of 6.1% if the interest is
compounded continuously? Round the number of years to the nearest hundredth.
A) 6 42
69)
B) 642 24
C) 0.64
D) 0 24
Transcribed Image Text:69) How long will it take for $9800 to grow to $14,500 at an interest rate of 6.1% if the interest is compounded continuously? Round the number of years to the nearest hundredth. A) 6 42 69) B) 642 24 C) 0.64 D) 0 24
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