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Tanner deposited $2000 into a new savings account that earn 10% interest compounded continuously. How long will it take for the balance to grow to $3205.00

Tanner deposited $2000 into a new savings account that earn 10% interest compounded continuously. How long will it take for the balance to grow to $3205.00
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Tanner deposited $2000 into a new savings account that earn 10% interest compounded continuously. How long will it take for the balance to grow to $3205.00

User Geoff Swartz
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5 votes

Answer:

It will take 7.73 years for the balance to grow to $3205.00.

User Snugug
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