Mathematics, 05.05.2020 12:33 ladybugys
An initial investment of $200 is now valued at $350. The annual interest rate is 8% compounded continuously. The equation
2000.081 - 350 represents the situation, where t is the number of years the money has been invested. About how long has the
money been invested? Use a calculator and round your answer to the nearest whole number.
5 years
7 years
19 years
22 years
Answers: 2
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An initial investment of $200 is now valued at $350. The annual interest rate is 8% compounded conti...
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