Ask Question
19 September, 04:24

Lucy invested $6,000 into an account that earns 6% interest co. pounded continuously. Approximately how long will it take for Lucy's investment to be valued at $25,000?

+4
Answers (1)
  1. 19 September, 04:26
    0
    you set up the equation using slope intercept form. so ... 25,000=0.06x+6000, then you divide both sides by 6,000 and continue. You should end up getting 69.444
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Lucy invested $6,000 into an account that earns 6% interest co. pounded continuously. Approximately how long will it take for Lucy's ...” 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