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Mathematics, 22.09.2019 04:30 emwvoidsnake

Zeke deposited $300 into a savings account. the interest rate on the account is 3%, compounded continuously. to determine how long it will take to triple his money, zeke wrote the following equation, where t represents time, in years.
900=300e^0.03t
which equation is equivalent to the one zeke wrote?
ln900=ln(9t)
ln900=9t
ln3=0.03t
ln3=ln(0.03t)

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Answers: 2

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Zeke deposited $300 into a savings account. the interest rate on the account is 3%, compounded conti...
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