Solve the problem.How long will it take for the value of an account to be $890 if $350 is deposited at 11% interest compounded continuously? Round your answer to the nearest hundredth.

A. 9.33 yr
B. 10.41 yr
C. 8.48 yr
D. 0.93 yr


Answer: C

Mathematics

You might also like to view...

Find the limit.

A.
B. -7
C. 1
D.

Mathematics

Find the difference, regrouping when necessary.

A. 2057 B. 65 C. 1957 D. 2065

Mathematics

Solve the problem.The number of books in a small library increases according to the function B = 7200e0.02t, where t is measured in years. How many books will the library have after 5 years?

A. 7200 B. 9064 C. 7957 D. 16,579

Mathematics

Solve the problem.Josef owns a 15-inch TV (that is, it measures 15 inches on the diagonal). If the television is 12 inches across the bottom, find the height of the TV.

A. 9 in. B. 7 in. C. 12 in. D. 27 in.

Mathematics