Mathematics, 26.02.2021 07:00 oof529

Maria invests $2,089 in a savings account with a fixed annual interest rate of 3%
compounded continuously. How long will
it take for the account balance to reach
$2,819.86?
A) 10 years B) 9 years
C) 11 years D) 12 years

Answers: 3

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Maria invests $2,089 in a savings account with a fixed annual interest rate of 3%
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More questions: Mathematics Another questions

Maria invests $2,089 in a savings account with a fixed annual interest rate of 3% compounded continuously. How long will it take for the account balance to reach $2,819.86? A) 10 years B) 9 years C) 11 years D) 12 years

Answers

Another question on Mathematics

Maria invests $2,089 in a savings account with a fixed annual interest rate of 3%
compounded continuously. How long will
it take for the account balance to reach
$2,819.86?
A) 10 years B) 9 years
C) 11 years D) 12 years