Mia invested $52,000 in an account paying an interest rate of 3.1% compounded continuously. Assuming no deposits or withdrawals are made, how long would it
take, to the nearest tenth of a year, for the value of the account to reach $62,100?

Step-by-step explanation:

Maia will have 3.1 percentage because we divide three 52,000 by 3.1 percent

hi there!

first we need to find out how much they are adding to each number to make the next number.

ex: 4 + 4 = 8, 8 + 8 = 16, and so on.

so continuing with 32,

32 + 32 = 64

64 + 64 = 128

128 + 128 = 256

256 + 256 = 512

4, 8, 16, 32, 64, 128, 256, 512

the 8th term of the sequence will be 512

hope this ! ~