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

.Which of the following is true, based on the scatter plot above? A.  There is no relationship between the size of
if a set of numbers that both include both rational and irrational number is graphed on a number line what is the fewest number of distinct points that need to
solve this proportion: 1/c+5=2/3
Derive identity sin(3x) = 3 sinx−4 sin³x
How do I convert negative 3 over 5 to a decimal
A rectangular park is 150 yards on one side and 125 yards on the other. if Debbie walks around the park two times, how far does she walk
write down everything you know about the equation y=mx+b. you should include what this general equation represents,as well as what each of the different letters
what is 7/9 as a decimal terminating or repeating decimal
what is the domain and range for y=lxl
T(8,15) is the midpoint of CD. The coordinates of d are (8,20) what are the coordinates of c