Kevin invest $2,000 at 4.6% compounded continuously. How long will it take him to have $3,700
1 answer:
Answer:
t=In(37/20)/0.046
Step-by-step explanation:
p=2000
r=0.046
A=3700
t=?
3700=2000e^0.046t
switch sides
2000e^0.046t=3700
Divide both sides by 2000
$2000e^0.046t/2000=$3700/2000
Simplify
e^0.046=37/20
Apply exponent rules
0.046=37/20
Solve 0.046t = ln(37/20)
t=In(37/20)/0.046
You might be interested in
This is a right triangle. If the triangle were laid down, on an end, a right angle would be visible.
Answer:
3/2
Step-by-step explanation:
Answer:
keep going you got it
Step-by-step explanation:
Answer:
-22x +3x/ 3x =2-7
Step-by-step explanation:
Answer:
24 is the GCD of 48,120
plz mark me as brainliest
