Hi,

$2000 dollars was invested into the account at 3% for 5 years. 

How long will it take for the amount to triple if t is compounded continuously?

Note:  In General: 

A = Accumulated Amount 

P= principal 

r= annual rate = .03

t= years 

 

A/P = 3  (tripling the money)





 t = 36.6 yrs 

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