Kylie invested $290 in an account paying an interest rate of 2.5% compounded continuously. Assuming no deposits or withdrawals are made, how long would it take, to the nearest tenth of a year, for the value of the account to reach $390? Answer: Submit Answer problem 1 out of ma

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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Nearest 10th of a year
Kylie invested $290 in an account paying an interest rate of 2.5% compounded
continuously. Assuming no deposits or withdrawals are made, how long would it
take, to the nearest tenth of a year, for the value of the account to reach $390?
Answer:
Submit Answer
problem 1 out of ma.
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Transcribed Image Text:Kylie invested $290 in an account paying an interest rate of 2.5% compounded continuously. Assuming no deposits or withdrawals are made, how long would it take, to the nearest tenth of a year, for the value of the account to reach $390? Answer: Submit Answer problem 1 out of ma. Privacy Policy Terms of Service Copyright 2021 DeltaMath.com. All Rights Reserved. pe here to search 99+
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