Asked by shawn
how long will it take for $2600 to grow to $20,400 at an interest rate of 6.1% if the interest is compounded continuously?
Answers
Answered by
Reiny
solve
20400 = 2600 e^(.061t) for t
(use ln )
20400 = 2600 e^(.061t) for t
(use ln )
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.