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29 A person invests $5000 in a bank account paying 4.5% interest compounded continously. To the nearest tenth of a year, how long must the person leave the money in the bank until it reaches $10,200? 6.
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29

A person invests $5000 in a bank account paying 4.5% interest compounded continously. To the nearest tenth
of a year, how long must the person leave the money in the bank until it reaches $10,200?

6.9 years
10.2 years
20.1 years
15.8 years

User Sam Stewart
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1 Answer

7 votes

Answer

15.8

Explanation:

User Mattias Andersson
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7.4k points
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