$2000 is invested at 10.0% compounded continuously. How long will it take for the balance to...

Question

Question

$2000 is invested at 10.0% compounded continuously. How long will it take for the balance to reach $4000? Round your answer to two decimal places.

math calculus

Answer 1

Answer #1

svojimi YOO - A = plitajt >>4000 = 2000 (1+ to je 7) 2= 6jt Taking in both sides, we get- In (2) = ln Cult -) In 121= t Inelo

Answer 2

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