subject
Mathematics, 23.03.2021 01:00 juniorcehand04

Alan deposited $300 in an account that pays 6% interest compounded continuously. Approximately how long will it

take for Alan's money to triple?

(Use the formula A = Pe^rt where A is the accumulated amount, P is the initial amount, r is the annual rate of interest, and t is the elapsed time in years.)

A - 7.95 years

B - 11.55 years

C - 18.31 years

D - 23.10 years

ansver
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:00, shayambros
How to solve a simultaneous equation involved with fractions?
Answers: 1
image
Mathematics, 21.06.2019 17:50, jamielytle
The length and width of a rectangle are consecutive even integers the area of the rectangle is 120 squares units what are the length and width of the rectangle
Answers: 1
image
Mathematics, 21.06.2019 19:40, payshencec21
Which of the following three dimensional figures has a circle as it’s base
Answers: 2
image
Mathematics, 21.06.2019 21:00, xojade
Which spreadsheet would be used to compute the first nine terms of the geometric sequence a^n=32•(1/2)n-1
Answers: 3
You know the right answer?
Alan deposited $300 in an account that pays 6% interest compounded continuously. Approximately how...

Questions in other subjects:

Konu
History, 28.07.2019 21:00
Konu
History, 28.07.2019 21:00