Suppose that $2,500 is deposited into an account paying 6.2% interest compounded continuously. Determine how long it will take the account to double. Round your answer to the nearest tenth. Type your answer (just the number) in the space below. t = years
Suppose that $2,500 is deposited into an account paying 6.2% interest compounded continuously. Determine how long it will take the account to double. Round your answer to the nearest tenth. Type your answer (just the number) in the space below. t = years
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.49TI: Nathaly deposited $12,500 in her bank account where it will earn 4% simple interest. How much...
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