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

In a fruit punch drink, the 3 ingredients are apple juice, orange juice and cranberry juice. If 1/4 of the drink is apple juice and 3/10 is orange juice then wr
I showed her the house _____________. (clause)​
How many squares can you count? A) 5 B) 4 C) 8 D) 6
Angie read 60 pages of a textbook in 2 hours. She turned on the TV and read 24 pages in 1 hour. Angie’s average reading rate with the TV on, is what percent of
What comes first in the process of cell division? A. Chromatids line up in the center of the cell B. Chromatids are pulled apart C. Chromatids are duplicated D.
Russian Geography on the North European Plain is A. Tundra B. Moonsoon C. Typhoons D. tropical rain forest
Which of the following statements is TRUE about fiber? A) Fiber is best obtained through pills and other fiber supplements. B) Consuming excessive fiber can inc
In which of the following situations might someone use a combination of cellular and wireless technology? If it’s right I mark you Brainliest The photographer f
Pls answer my question thxxxOranges cost 21 cents each. Alex buys x oranges and Bobbie buys (x+2) oranges.The total cost of these oranges is $4.20.Find the valu
please urgent please beg