how long would it take for 1000 to double to 2000 paying 2.4% interest compounded continuously
$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.
How long will it take for an investment to triple, if interest is compounded continuously at %?
please show all work thankyou How long would it take for the an investment of $1000 to double a. If it bore 4% simple interest. b. If it bore 5% interest compounded continuously.
If a bank pays 6.8% compounded continuously, how long will it take to double your money?
8.6.50 How long will it take for an investment to triple, if interest is compounded continuously at 7%? It will take years before the investment triples. (Round to the nearest tenth of a year.)
How long will it take for an investment of $2000 to double in value if the interest rate is 8.5% per year, compounded continuously? (Round your answer to two decimal places.) yr (b) A 15-g sample of radioactive iodine decays in such a way that the mass remaining after t days is given by m(t) = 15e−0.077t, where m(t) is measured in grams. After how many days is there only 1 g remaining? (Round your answer to the nearest whole...
Suppose $8000 is invested at 7% interest compounded continuously. How long will it take for the investment to grow to $16000? Use the model A(t) = Pe" and round your answer to the nearest hundredth of a year. It will take years for the investment to reach $16000.
(a) How long will it take an investment to double in value of the Interest rate is 6% compounded continuously? (Round your answer to one decimal place.) 11.6 years (b) What if the interest is compounded annually? (Round your answer to one decimal place.) x years
How long will it take for an investment to triple if it is compounded continuously at 9%? It will take about years to triple the investment (Round to two decimal places as needed.)
How long will it take for an investment to triple if it is compounded continuously at 4%? It will take about years to triple the Investment. (Round to two decimal places as needed.)