jeanetted451 jeanetted451

19-02-2020
Mathematics

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Jane invests $600 in a bank account that compounds continuously at an annual rate of 4%. Approximately how many years will it take for her investment to triple? *

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emmabaleyy emmabaleyy

19-02-2020

Answer:

Step-by-step explanation:

4% of 600 is 24. 600 tripled is 1,800. And 1,800 minus 600 is 1,200. 1,200 divided by 24 is 50. It will take 50 years,

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