147k views
5 votes
Mary invested $42,000 bonus in an account earing 7.2%annual interest that is compounded continuously. How long in years, will it take the account to tripe in value?

1 Answer

2 votes
about 14 years because she would earn $3024 yearly and 3024 multiplied by 14 equals 42336

hope this helps! :)
User ChAmi
by
6.2k points