Kinsey has invested $28,000 into an account that pays 9% compounded continuously. How long will it take before she has $42,000 in this account?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
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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Kinsey has invested $28,000 into an account that pays 9% compounded continuously. How long will it take before she has $42,000 in this account?
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