Register
A savings account balance is compounded continuously.If the interest rate is 3.1% per year and the current balance is 1077.00 in how many years will the balance reach 1486.73?
203k views
5 votes
A savings account balance is compounded continuously.If the interest rate is 3.1% per year and the current balance is 1077.00 in how many years will the balance reach 1486.73?

User Dmytro Zavalkin
by
7.8k points

1 Answer

2 votes

Answer:13.8 is the best answer i could get

Step-by-step explanation:1,077 multiply that × 13.8 =14,862

User JSelser
by
7.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.9m questions

11.6m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
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?
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!