An initial investment of $200 is now valued at $350. The annual interest rate is 8% compounded continuously. The equation
2000.08 - 350 represents the situation, where t is the number of years the money has been invested. About how long has the
money been invested? Use a calculator and round your answer to the nearest whole number
5 years
7 years
19 years
22 years
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “An initial investment of $200 is now valued at $350. The annual interest rate is 8% compounded continuously. The equation 2000.08 - 350 ...” 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
Slope is a rate of change that compares a vertical change with the horizontal change. True of false.
Answers (2)
What is the gcf of 3 4 2 5
Answers (2)
What is 3.5 + x = 7 in math
Answers (2)
Option 1: $30 an hour plus a nonrefundable deposit of $50 Option 2: $20 an hour plus a nonrefundable deposit of $75 Kyle is renting a JetSki for the day.
Answers (1)
2a² - a - 13 = 2 I want to see the steps how its done
Answers (1)
New Questions in Mathematics
Michale is traveling from San Francisco to Houston this morning. The flight will take 4 3/10 hours to complete. If the airplane travels 368.8 miles per hour, how many miles will the airplane travel? Explain
Answers (1)
What is the correct first step to solving the equation x^2=10-3x
Answers (2)
Y + 1 = - 7 (x+1) write an equation in slope intercept form
Answers (2)
1+1+1+2+3+5+5+7+8+8+8+8+8+8+8+8+8•110
Answers (1)
A cyclist rides her bike at a speed of 10 miles per hour. What is this speed in kilometers per hour? How many kilometers will the cyclist travel in 4 hours? In your computations, assume that 1 mile is equal to 1.6 kilometers.
Answers (1)