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Mia invested $640 in an account paying an interest rate of 6.7% compounded continuously. Assuming no deposits or withdrawals are made, how long would it take, to the nearest year, for the value of the
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Mia invested $640 in an account paying an interest rate of 6.7% compounded continuously. Assuming no deposits or withdrawals are made, how long would it take, to the nearest year, for the value of the account to reach $940?

User JAyenGreen
by
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1 Answer

2 votes

Answer:

t=6 years

Explanation:

User Jeggy
by
7.8k points
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