Mathematics, 06.05.2020 22:02 isophk
An initial investment of $100 is now valued at $150. The annual interest rate is 5%, compounded
continuously. The equation 100e0.058 = 150 represents the situation, where t is the number of years the
money has been invested. About how long has the money been invested? Use your calculator and round
to the nearest whole number.
Answers: 1
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An initial investment of $100 is now valued at $150. The annual interest rate is 5%, compounded
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