Mathematics, 15.03.2020 22:50, EssiePooh7649

Brooklyn invested $19,000 in an account paying an interest rate of 2.4%
compounded continuously. Assuming no deposits or withdrawals are made, how long
would it take, to the nearest tenth of a year, for the value of the account to reach
$22,900?

Answers: 1

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Brooklyn invested $19,000 in an account paying an interest rate of 2.4%
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Brooklyn invested $19,000 in an account paying an interest rate of 2.4% compounded continuously. Assuming no deposits or withdrawals are made, how long would it take, to the nearest tenth of a year, for the value of the account to reach $22,900?

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Other questions on the subject: Mathematics

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Brooklyn invested $19,000 in an account paying an interest rate of 2.4%
compounded continuously. Assuming no deposits or withdrawals are made, how long
would it take, to the nearest tenth of a year, for the value of the account to reach
$22,900?