document.write( "Question 1198521: How long will it take for $600 to grow to $26,600 at an interest rate of 6.2% if the interest is
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document.write( "compounded continuously? Round the number of years to the nearest hundredth. \n" );
document.write( "
Algebra.Com's Answer #832297 by MathTherapy(10555)![]() ![]() You can put this solution on YOUR website! How long will it take for $600 to grow to $26,600 at an interest rate of 6.2% if the interest is \n" ); document.write( "compounded continuously? Round the number of years to the nearest hundredth. \n" ); document.write( " The person who responded is WRONG!\r\n" ); document.write( "\r\n" ); document.write( " Formula for CONTINUOUS COMPOUNDING:\n" ); document.write( " |