How long does it take for $350 to grow to $840 at 6% annual percentage rate compounded continuously ?

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
Problem 6SC
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How long does it take for $350 to grow to $840 at 6% annual percentage rate compounded continuously ?
: Topic 6: MathXL for School: Topic Review Copy 1
6.8.16
How long does it take for $350 to grow to $840 at 6% annual percentage rate compounded continuously?
It will take about years for $350 to grow to $840 at 6% annual percentage rate when compounded continuously.
(Round to the nearest whole number as needed.)
Transcribed Image Text:: Topic 6: MathXL for School: Topic Review Copy 1 6.8.16 How long does it take for $350 to grow to $840 at 6% annual percentage rate compounded continuously? It will take about years for $350 to grow to $840 at 6% annual percentage rate when compounded continuously. (Round to the nearest whole number as needed.)
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