menu
Qammunity
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
Suppose that $7000 is invested at an interest rate of 5.2% per year, compounded continuously. How many years does it take for the money to grow to $14000 ?
asked
Jun 6, 2022
64.5k
views
1
vote
Suppose that $7000 is invested at an interest rate of 5.2% per year, compounded
continuously. How many years does it take for the money to grow to $14000 ?
Mathematics
college
SecretCastle
asked
by
SecretCastle
8.3k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
1
vote
Answer:
use the formula 14000=7000(1+5.2÷100)^t-1
Alisom Martins
answered
Jun 10, 2022
by
Alisom Martins
7.5k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Nov 7, 2021
190k
views
Ashley decides to take out a $14000 loan to pay for college. The loan compounds continuously at a 5.33%. How much money does Ashley owe after 8 years?
Carasel
asked
Nov 7, 2021
by
Carasel
8.4k
points
Mathematics
high-school
1
answer
4
votes
190k
views
asked
Jan 8, 2022
36.2k
views
Find the interest earned from an investment of $14000 for 4 years at an interest rate of 6.85% compounded continuously. Round to the nearest cent.
Niksfirefly
asked
Jan 8, 2022
by
Niksfirefly
8.3k
points
Mathematics
high-school
1
answer
5
votes
36.2k
views
asked
Oct 25, 2024
142k
views
A and B contribute $14000 and $18000 respectively in a business partnership. Of the profit, A receives 20% as manager and the rest is shared in the ratio of their capitals. What is the ratio of A's total
Beel
asked
Oct 25, 2024
by
Beel
7.8k
points
Mathematics
high-school
1
answer
1
vote
142k
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
Other Questions
How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement how thick must the cement be to cover field
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity