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

3-2i/5i+2 What is the solution?
What is -9*c^.5? Can you please help!! I am so lost!!!
what is the largest prime factor of 34
What is .5v^1/3 Can u please help? Ian super lost!!!!!!
all answers to how to be a smart risk taker
two sisters, jenny and penny, play on the same basketball team. last season they scored a combined total of 458 points. jenny scored 192 of the points. write an
How does the value of the 8 in 589,310 compare to the value of the 8 in 598,301? A. It is 8 times as much B.It is 10 times as much C. It is 80 times as much
In a short response of at least three complete sentences, define flash-forward and explain its effect on a traditional plot structure
represent the number 1.16 using base ten blocks
How to make a mixed fraction