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dimaraw [331]
3 years ago
14

Mary deposited $350 in a bank account that promises 2.8 percent interest compounded continuously. Approximately how many years w

ill it take to reach a balance of $500?
Mathematics
1 answer:
mixas84 [53]3 years ago
7 0
Intrest=principal*rate*time
500-350=150<---final interest
150=350*2.8*time
150=980*time
time=approx. 0.15years or 54.75 days
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