2 years ago

you invested 1,000 in an account with interest rate at 2% compounded continuously. how long until 1400 is in your account?

Mathematics

1 answer:

Tanya [424]2 years ago

5 0

Answer:20 months

Step-by-step explanation:

2% of 1000 is 20 1000-1400=400

400/20=20 so 20 months

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