Elana invests $2000 in a savings account with a nominal annual interest rate of 5% compounded continuously. How many years will it take for the investment to reach $3000? Round to the nearest tenth. If

asked Dec 18, 2023 108k views

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It will take 5 years for the investment to reach $3,000.

Sure hope this helps you

Bishan answered Dec 23, 2023

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