You invested $7,000 in a savings account that compounds continuously at a rate of 5.3% How many years will it take for your savings account to be at $13,000

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asked Feb 20, 2022 38.0k views

20 votes

You invested $7,000 in a savings account that compounds continuously at a

rate of 5.3% How many years will it take for your savings account to be at
$13,000

Mathematics
college

MMiroslav asked

by MMiroslav

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1 Answer

1 vote

11 years and 9-ish months

All Bits Equal answered Feb 27, 2022

by All Bits Equal

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