A sum of $1000 is invested at an interest rate of 4.1% per year. Find the time required to grow to $4000 if interest is compounded continuously. Round to the nearest year.

A sum of $1000 is invested at an interest rate of 4.1% per year. Find the time required to grow to $4000 if interest is compounded continuously. Round to the nearest year.

asked Aug 19, 2023 23.2k views

1 Answer

← Prev Question Next Question →

Search Qammunity.org