subject
Mathematics, 17.03.2022 02:50 hannamcbrayer1

An initial investment of $100 is now valued at $150. The annual interest rate is 5%, compounded continuously. The equation 100e0.05t = 150 represents the situation, where t is the number of years the money has been invested. About how long has the money been invested? Use your calculator and round to the nearest whole number. Answer 8 Years
Edgen

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 16:20
Plot the points (0,6), (3,15.8), and (9.5,0) using the graphing tool, and find the function
Answers: 2
question
Mathematics, 21.06.2019 20:30
If you are dealt 4 cards from a shuffled deck of 52? cards, find the probability that all 4 cards are diamondsdiamonds.
Answers: 1
question
Mathematics, 21.06.2019 23:00
Which equation is equivalent to the given expression? -(1/2y+1/4) a. -1/4(1+2y) b. 1/4(2y-1) c. -2(1/4y-1/8) d. 2(1/8-1/4y)
Answers: 1
question
Mathematics, 22.06.2019 03:00
Jackson earns $25 per hour as a tutor at the college library. he set a weekly spending budget of $130 each week and puts the remaining money in his savings account. how many hours must he work this week to have at least an extra $50 to put in his savings account
Answers: 2
You know the right answer?
An initial investment of $100 is now valued at $150. The annual interest rate is 5%, compounded cont...
Questions
question
History, 16.10.2019 09:50
question
Mathematics, 16.10.2019 09:50
question
History, 16.10.2019 09:50
Questions on the website: 13722361