Addison invested $440 in an account paying an interest rate of 2%
2 answers:
Answer:
16.3
Step-by-step explanation:
Continuously compounding interest formula:
pe^(r*t)
we know that
440e^(.02x)=610
Sovle for x
e^.02x=1.38
.02x=ln1.38
.02x=.3267
x=16.3
Answer:
16.3
Step-by-step explanation:
I got it right
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