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If $1000 is invested at an interest rate of 3.5% per year, compounded continuously, find the value of the investment after the given number of years. (Round your answers to the …

If $1000 is invested at an interest rate of 3.5% per year, compounded continuously, find the value of the investment after the given number of years. (Round your answers to the …
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If $1000 is invested at an interest rate of 3.5% per year, compounded continuously, find the value of the investment after the given number of years. (Round your answers to the nearest cent.)

(a) 2 years
(b) 4 years
(c) 12 years

User Prince Antony G
by
8.3k points

2 Answers

2 votes

Answer:

3.5 years

Explanation:

User ZenLikeThat
by
7.6k points
4 votes

yeah bc the answer is 4 yrs

User Thkala
by
8.4k points
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