brando1423 brando1423

03-05-2017
Mathematics

contestada

How long will it take any investment to quadruple if it earns 5.6% interest, compounded continuously

Respuesta :

wolf1728 wolf1728

07-05-2017

For this example we will calculate $100 becoming $400
Years = natural log (Total / Principal) / rate
Years = natural log (400 / 100) / .056
Years = natural log (4) / .056
Years = 1.3862943611 / .056
Years = 24.7552564482
(Roughly 24 (3 / 4) years)

Ver imagen wolf1728

Answer Link

Otras preguntas

The main organs of the respiratory system are the _____. Here are my choices A.bronchial tubes B.mouth C.lungs

Read the sentence below: Since this country was founded, each generation of Americans has been summoned to give testimony to its national loyalty. Which is anot

Writing Assignment: Para Mi Viaje 10 pointsWILL GIVE BRAINLIESTABSURD ANSWERS WILL BE REPORTEDMira cada imagen y di qué es. Luego escribe una oración que usa es

Experts believe the neolithic agricultural revolution began:

Aggressively scanning the road and slower speeds gives you a better chance to avoid collision with a child

Which statement accurately describes Voltaire, Montesquieu, Diderot, and Condorcet?

Which of the following must be true? The diagram is not to scale. A) BC < FH B) AC = FH C) AB < BC D) AC < FH

a sentence with reluctance and impish

Carlton is solving a linear equation using the steps shown. Equation: -4x+12=-6x Step 1: Add 4x to both sides: 12=-6x+4x

using hooke's law , f s p r i n g = k ^ x , find the force needed to strech a spring 2 cm if it has an elastic constant of 3 N/cmA 2/3NB 3/2NC 3 ND 6 N