Mathematics, 27.07.2020 01:01, jennamae9826
Shrinivas deposited $1300 in an account which pays 8% annual interest, compounded continuously. How long will it take to reach $3500?
Select one:
O a. 12.4 years
O b. 9.2 years
O c. 176 years
O d. 1.2 years
Answers: 1
...(i)
= initial amount, r= rate of interest ( in decimal) , A = Amount after t years.
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Shrinivas deposited $1300 in an account which pays 8% annual interest, compounded continuously. How...
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