isabelle1123 isabelle1123

14-07-2021
Mathematics

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Suppose you deposit $500 in a savings account where the interest earned is compounded
continuously at a rate of 10%. How many years will it take the balance in the account to reach
$8000 (round your answer to the nearest year)?

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bivsxbucketz bivsxbucketz

15-07-2021

14 years after rounding to the nearest year

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