mdbar321 mdbar321

19-03-2020
Mathematics

contestada

Suppose you invest $2,500 into an account where interest is compounded continuously at 5.5%. How long would it take to double? *
5 points
About 12.6 years
About 20 years

Respuesta :

amna04352 amna04352

19-03-2020

Answer:

About 12.6 years

Step-by-step explanation:

2500(1.055^x) = 5000

1.055^x = 2

x ln1.055 = ln2

x = 12.94615711

Answer Link

Otras preguntas

need help ASAP - midterm - 60 points

Solon ruled an Oligarchy form of government but listened to the voice of the and was considerate of their needs. A. prisoners B. people C. slaves D. condemned t

How much interest is earned in 2 years on an investment of $2,000? The interest rate is 3%. Use the formula I=Prt.

Which elements does strong narrative writing aways contain? Check all that apply. Oa connection to an outline Oa series of steps Oa clear point of view Oa set o

Identify the simplest form of each ratio 24 : 32 56:49 9:12 36:48 18:27 16:14 20:30 48:42 24:36

In a business letter, the true margins are

HEEEEELP ASAP PLEASE! BRAINLIEST AND 15 POINTS FOR THE ANSWER!!! Write a sentence using each of the following relative pronouns correctly in a subordinate claus

Which event from chapter 7 of Holes is related as a flashback? Stanley’s shovel not making a dent on the ground Stanley jumping on the back of the blade with bo

To the east of the coastal country, some of Syria's major cities lie on steppes, which are characterized by a large plateau. True or False

The ratio of boys to girls in Coach Sheppard's class is 3 to 5. There are 20 girls in the class. What is the total number of students in Coach Sheppard's class?