Thor invests $750 in an account, with interest compounded continuously. If his investment doubles in value after 9 years, how mu

Question

Tomtit [17]

2 years ago

8

Thor invests $750 in an account, with interest compounded continuously. If his investment doubles in value after 9 years, how mu

ch money will he have after 12 years?

Mathematics

2 answers:

elixir [45] · Answer 1 · 2022-06-13T10:31:49+03:00

elixir [45]2 years ago

5 0

9,000 that will be you answer or if is double will be 18,000

Irina18 [472] · Answer 2 · 2022-06-13T12:51:49+03:00

Irina18 [472]2 years ago

5 0

I think the answer would be somewhere around $1999.9995 because but im not good with interest rates but 9 and 12 have a common denominator of 3 then I divided by 100 to get .3 and times 1500 to get 499.9995 then added that to 1500.