SOLUTION: If interest is compounded continuously at the rate of 3% per year, approximate the number of years it will take an initial deposit of $7000 to grow to $27,000. (Round your answer t

Algebra ->  Logarithm Solvers, Trainers and Word Problems -> SOLUTION: If interest is compounded continuously at the rate of 3% per year, approximate the number of years it will take an initial deposit of $7000 to grow to $27,000. (Round your answer t      Log On


   



Question 1149221: If interest is compounded continuously at the rate of 3% per year, approximate the number of years it will take an initial deposit of $7000 to grow to $27,000. (Round your answer to one decimal place.)
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