SOLUTION: $6,000 is put into a bank at an annual percentage rate of 13%. Find time required for investment to double if interest is compounded continously?????
I know the formula is somet
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-> SOLUTION: $6,000 is put into a bank at an annual percentage rate of 13%. Find time required for investment to double if interest is compounded continously?????
I know the formula is somet
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Question 134126: $6,000 is put into a bank at an annual percentage rate of 13%. Find time required for investment to double if interest is compounded continously?????
I know the formula is something like A=Pe^rt where r is interest rate and t is years...but what should i do with it? Answer by oscargut(2103) (Show Source):
