f $1000 is invested in an account that earns 6.3% interest compounded continuously,how many whole years will it take for the account value to reach $2000?
f $1000 is invested in an account that earns 6.3% interest compounded continuously,how many whole years will it take for the account value to reach $2000?
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter2: Equations, Inequalities, And Problem Solving
Section2.S: Summary
Problem 8S
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If $1000 is invested in an account that earns 6.3% interest compounded continuously,how many whole years will it take for the account value to reach $2000?
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