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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.​
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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.​

User James Paul Turner
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1 Answer

10 votes

Answer:

4100000

Explanation:

4.1 take the point 41x1000=410000

User Ohseekay
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