Solve the problem. Round your answer to the nearest tenth.If $2000 is invested in an account that pays interest compounded continuously, how long will it take to grow to $4000 at 9%?

A. 10.8 years
B. 6.2 years
C. 7.7 years
D. 8.0 years


Answer: C

Mathematics

You might also like to view...

Find the real solutions of the equation.x4 - 8x3 + 16x2 + 8x - 17 = 0

A. {-4, 1} B. {-4, 4} C. {-1, 4} D. {-1, 1}

Mathematics

Perform the requested operation on the given function.f(x) = 5x2 - 8x, g(x) = x2 - 4x - 32Find (x).

A.
B.
C.
D.

Mathematics

Perform the operation indicated. Simplify. +  - 

A.
B.
C.
D.

Mathematics

Matrix A is given. Find appropriate identity matrices Im and In such that ImA = A and AIn = A.A =  

A. Im = In = 
B. Im = , In = 
C. Im = , In =
D. Im = , In = 

Mathematics