brando1423 brando1423

03-05-2017
Mathematics

contestada

How long will it take any investment to quadruple if it earns 5.6% interest, compounded continuously

Respuesta :

wolf1728 wolf1728

07-05-2017

For this example we will calculate $100 becoming $400
Years = natural log (Total / Principal) / rate
Years = natural log (400 / 100) / .056
Years = natural log (4) / .056
Years = 1.3862943611 / .056
Years = 24.7552564482
(Roughly 24 (3 / 4) years)

Ver imagen wolf1728

Answer Link

Otras preguntas

Answer if you are right you will get brainiest Pls Hurry ASAP . Ps you get 20 points

what are FDR’s four essential freedoms and why did he feel that they were threatened?

help with math question plz. 12th grade

A station running TCP/IP needs to transfer a file to a host. The file contains 2048 bytes. Assume a payload size of 512 bytes would be sent per packet and both

True or false and thank you

In progressive tax rate system , the taxes rates are retroactive back to $1. True or False ?

How did the end of the Cold War influence events in Latin America?

What type of figurative language is sleepy lakes under the moonlight

Reduce to simplest form. -7/12 + 3/8 (They are fractions)

A subway vending machine offers a bonus onsubway ticket refills. If a $35 refill yields a ticketwith a balance of $40.25, what is the percentageof the bonus giv