Duong M.

asked • 11/15/19

How long will it take your initial deposit of $10,000 to triple if the account is earning 6.5% compounded continuously? Show all work and answer within a 1% error

I did 30,000 = 10,000e ^ (.065t)

T= 16.9 years

I did not know what do to with 1% error

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