How long does it take for a deposit of $900 to double at 2% compounded continuously?
1 answer:
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Hey!
Okay, to solve this problem, we'd first have to multiply both sides by two. The reason we do this is to get
on its own.
<em>Original Equation : </em>
< 
<em>New Equation {Changed by Multiplying 2 on Both Sides} :</em>
< 
( )
And we simplify the equation to get our answer.
<em>Old Equation :</em>
< 
( )
<em>New Equation {Changed by Simplification} :</em>
y < -6
<em>So, the equation < -3 simplified is</em> y < -6.
Hope this helps!
- Lindsey Frazier ♥
Okay, to solve this problem, we'd first have to multiply both sides by two. The reason we do this is to get
<em>Original Equation : </em>
<em>New Equation {Changed by Multiplying 2 on Both Sides} :</em>
And we simplify the equation to get our answer.
<em>Old Equation :</em>
<em>New Equation {Changed by Simplification} :</em>
y < -6
<em>So, the equation
Hope this helps!
- Lindsey Frazier ♥