michelleee8 michelleee8

02-02-2021
Mathematics

contestada

you invested 1,000 in an account with interest rate at 2% compounded continuously. how long until 1400 is in your account?

Respuesta :

richardbranch11 richardbranch11

02-02-2021

Answer:20 months

Step-by-step explanation:

2% of 1000 is 20 1000-1400=400

400/20=20 so 20 months

Answer Link

Otras preguntas

Solve the inequality. Write the inequality in interval notation. 9(t-2)>3(t-7)

Simplify √12m • √15m = [1] m √[2]

A lawn mower manufacturer incurs a total of 34,816 in overhead costs and 388 per lawn mower in production costs. How many lawn mowers were manufactured if the a

Kathleen's gross annual salary is $56,820. What is the maximum amount of rent she can afford to pay? Round your answer to the nearest dollar. Question 1 options

the value √10 and √15 are plotted on the number line

Carly bought a new house for $125,000. The value of the house appreciates approximately 3.5% each year. What will be the value of the house after 10 years?

Do amazon give you real apple products

Read the excerpt from chapter 6 of Animal Farm.By the autumn the animals were tired but happy. They had had a hard year, and after the sale of part of the hay a

Approximately how many Europeans Jews died in the nazi concentrations camps and death camps

Data was collected on Myrtle Beach for 11 consecutive days. Each day the temperature and number of visitors was noted. The scatter plot below represents this