Answered: suppose we put $2000 into an account…

suppose we put $2000 into an account earning 10% interest compounded continuously. how long will it take (in years) for us to have a balance of $6000 in the account?

Intermediate Algebra

10th Edition

ISBN:9781285195728

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter2: Equations, Inequalities, And Problem Solving

Section2.S: Summary

Problem 8S: What interest rate would you need to get to double an investment of 200 in eight years?

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suppose we put $2000 into an account earning 10% interest compounded continuously. how long will it take (in years) for us to have a balance of $6000 in the account?

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