brando1423 brando1423

03-05-2017
Mathematics

contestada

How long will it take any investment to quadruple if it earns 5.6% interest, compounded continuously

Respuesta :

wolf1728 wolf1728

07-05-2017

For this example we will calculate $100 becoming $400
Years = natural log (Total / Principal) / rate
Years = natural log (400 / 100) / .056
Years = natural log (4) / .056
Years = 1.3862943611 / .056
Years = 24.7552564482
(Roughly 24 (3 / 4) years)

Ver imagen wolf1728

Answer Link

Otras preguntas

Which type of heat transfer can happen through empty space?

A ball is dropped from rest. What will be its speed when it hits the ground in each case. a. It is dropped from 0.5 meter above the ground. b. It is dropped fro

What are the two parts of binomial nomenclature?

In a story, what does a theme do?

The element chlorine (Cl) has two isotopes: chlorine‑35 and chlorine‑37. Approximately 75.5% of chlorine atoms have 18 neutrons and 17 protons, and the other 24

Personal health monitors make it more difficult to be aware of your general health. O A. True O B. False

Consider these scenarios. 1. An elephant weighs 1.5 × 104 units. 2. A mouse weighs 6.3 × 10-2 units. 3. A puppy weighs 1.2 × 102 units. Determine the unit

Find the remainder when a is divided by m a = 207^321 + 689! ; m=7

Which function described below has the greatest rate of change? I WILL MARK BRAINLIEST

Whats the best sum out of 8,6,7,5 for 4 2/7 + 1 8/9