Mathematics

28 April, 20:42

A sum of $5000 is invested at an interest rate of 5% per year. Find the time required for the money to double if the interest is compounded continually. A (t) = Pe^rt

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “A sum of $5000 is invested at an interest rate of 5% per year. Find the time required for the money to double if the interest is compounded ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Given the sequence 2, 5, 8, 11, 14, ..., which term is 59? (Hint: find n.)

What is 1.7 in expanded form?

X/2 + 3 = 4 with work shown

Fine the difference between the proud of 26.22 and 3.09 and the sum of 3.507,208,11.5, and 16.712.

What is the volume of the can below? Use = 3.14 and round your answer to the nearest tenth. 66 mm 96 mm cubic millimeters

New Questions in Mathematics

How do you factor 1-r^2

Elimination method using multiplication:3x+2y=0 and x-5y=17

Is - 4^2< (-4) ^2 a false statement

Can a triangle be formed with the side lengths of 8 cm 15 cm and 17 cm

In the diagram the length of segment TQ is 40 units what is the length of segment QV