$1450 is invested at 6.5 % compounded continuously. How long will it take for the balance to reach $2900?

Qammunity

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Jan 20, 2023 71.8k views

3 votes

$1450 is invested at 6.5 % compounded continuously. How long will it take for the balance to reach $2900?

Mathematics
college

Neil Twist asked

by Neil Twist

8.8k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

5 votes

Answer:

Explanation:

94.25 days

Danny G answered Jan 26, 2023

by Danny G

7.9k points

0 Comments

Please log in or register to add a comment.

← Prev Question Next Question →

Related questions

asked Feb 5, 2022 196k views

Bank of America offers a 5-year 8% continuously compounded investment option. Find the amount accrued if $1450 is invested.

Wizawu asked Feb 5, 2022

by Wizawu

7.7k points

Mathematics
college

1 answer

4 votes

196k views

asked Dec 9, 2019 199k views

How much money must be deposited today to become $1450 in 50 years at 4.5% compounded continuously. Round to the nearest cent if needed

Jarrett Barnett asked Dec 9, 2019

by Jarrett Barnett

8.0k points

Mathematics
middle-school

1 answer

5 votes

199k views

asked Oct 19, 2024 24.7k views

Mr Jones had invested $2000 and his friend Me Williams had invested $1450 in a company. After 1 year they made a profit of $690. How much profit each will get if they share the profit in terms of their

Dreinoso asked Oct 19, 2024

by Dreinoso

8.0k points

Mathematics
college

1 answer

3 votes

24.7k views

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Related questions

Other Questions