How many years will it take for an initial investment
of$40,000 to grow to $60,000? assume a rate of interest of
10%compounded continuously.

It will take 4.05 years for an initial investment  of $40,000 to grow to $60,000.

Step-by-step explanation:

The exponential growth equation (Compounded continuously) is given by :-

              (1)

, where r = rate of growth (in decimal)

t= time

P= initial amount.

As per given , we have

P= $40,000

A = $60,000

r = 10% =0.10

Put values in (1) , we get

  [Divide both sides by 40000]

Taking natural log on both sides , we get

Hence, it will take 4.05 years for an initial investment  of $40,000 to grow to $60,000.

no association

step-by-step explanation:

if you have eyes and you can use them efficiently you can see that it just looks like random dots like do a line of best fit and like they're so spread out it's such a weak association you might as well consider it nonexistent