Mathematics, 04.05.2021 06:20, nails4life324
Suppose you deposit $100 in a savings account where the interest earned is compounded continuously at a rate of 2%. How many years will it take the balance in the account to reach $10,000 (round your answer to
the nearest year)?
A. 231 years
B. 230 years
C. 234 years
D. 232 years
Answers: 3
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