If Tanisha has $ 100 to invest at 9% per annum compounded monthly, how long will it be before she has $ 200? If the compounding is continuous, how long will it be? Compounding monthly, it will be about (Round to two decimal places as needed.) years before Tanisha has $ 200.
If Tanisha has $ 100 to invest at 9% per annum compounded monthly, how long will it be before she has $ 200? If the compounding is continuous, how long will it be? Compounding monthly, it will be about (Round to two decimal places as needed.) years before Tanisha has $ 200.
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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