3 Answered Questions for the topic Compounded Continuously

Compounded Continuously Math Precalculus

10/20/20

Precalculus Question

Heather wants to invest $35,000 of her retirement. She can invest at 4.8% simple interest for 20 yr, or she can choose an option with 3.6% interest compounded continuously for 20 yr. Which option... more
Compounded Continuously College Algebra

11/08/18

How many years would it take an amount of money to double if it is invested at 10% compounded continuously

choices 2 In220 In 25 In210 In 2In225 In2

03/30/15

Please hurry! help me solve this word problem that involves compounded continuously and doubling

If an account pays 3.5% interest compounded continuously, how long it will take for an investment to double? (Round your answer to the whole number).Hint. You can choose the amount of the investment.

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