krdesimome1 krdesimome1
  • 02-04-2017
  • Mathematics
contestada

How long will it take to triple an investment if the interest rate is 5.6% compounded continuously

Respuesta :

irspow
irspow irspow
  • 02-04-2017
f=ae^(rt)  and since f=3a

3=e^(.056t)

ln3=.056t

t=(ln3)/.056

t≈19.618 yrs
Answer Link

Otras preguntas

Monique went to the emergency room for stitches after she accidentally cut her hand while preparing a meal. Monique's insurance policy has a $1,000 deductible a
HELP ME PLEASEEE THANK YOUU yes or no?
que les gusta? based on what each person likes to do write a description of him or her, example a roberto le gusta esquiar
The basic scales of Western music during the Middle Ages were church ______. Multiple Choice drones chants modes masses
According to the last stanza of the poem, what will remain after the speaker's generation is gone? freedom the forest the urn knowledge
PLEASE HELP ME WITH THISSS I WILL MARK AS BRANLIEST !!! 100 POINTSSS!!
3. Which of the following forms does not develop from a circle? A. Cube B. Circle C. Cone D. Cylinder
9x-23=49 what is the second step in this equation?
How did the use of windmills help increase west texas settlement?.
telling how the author makes and supports this point, and working to offer analysis/assessment of the article’s conclusion. (Chariot of the gods text)