janeshia18 janeshia18

12-05-2021
Mathematics

contestada

Suppose that $7000 is invested at an interest rate of 5.2% per year, compounded
continuously. How many years does it take for the money to grow to $14000 ?

Respuesta :

zeroxgoat zeroxgoat

12-05-2021

Answer:

use the formula 14000=7000(1+5.2÷100)^t-1

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