Mathematics
Mathematics, 27.02.2020 05:23, valerrry

An initial investment of $200 is now valued at $350. The annual interest rate is 8% compounded continuously. The equation  represents the situation, where t is the number of years the money has been invested. About how long has the money been invested? Use a calculator and round your answer to the nearest whole number.

5 years

7 years

19 years

22 years

answer
Answers: 2

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An initial investment of $200 is now valued at $350. The annual interest rate is 8% compounded conti...

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