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hammer [34]
2 years ago
12

How long will it take for the money in an account that is compounded continuously at 4% interest to sextuple.

Mathematics
1 answer:
Radda [10]2 years ago
4 0

Answer:

t = 44.79 years

Step-by-step explanation:

6 =  e^{.04t}

ln(6) = .04t ln(e)

ln(6)/.04 =t  

t = 44.79

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