imahelper imahelper

22-01-2018
Mathematics

contestada

10 POINTS
How many years (approx.) will it take $6,000 to amount to $8,000 if it is invested at an annual rate of 9.0% compounded continuously?

23 years
3 years
9 years
2 years
42 years

Respuesta :

Аноним Аноним

22-01-2018

About three years. Hope it helps!

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Davidfridman Davidfridman

22-01-2018

approx it would take about 3 years. because 9% of 6000 is 540. 540*3 is 1620/

Hope this helps!

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