Mark M. answered 03/06/20
Tutor
5.0
(278)
Mathematics Teacher - NCLB Highly Qualified
A = pert
2323.69 = 20000.05t
1.161845 = e0.05t
ln 1.161845 = 0.05t
Can you solve for t and answer?
Yeha R.
asked 03/06/20You have invested $2,000 in an account that pays 5% interest compounded countinuously . The account value is now $2,323.69.how long has the money been invested
Mark M. answered 03/06/20
Mathematics Teacher - NCLB Highly Qualified
A = pert
2323.69 = 20000.05t
1.161845 = e0.05t
ln 1.161845 = 0.05t
Can you solve for t and answer?
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