Answer:
Step-by-step explanation:
The answer at least i think is a
Answer:
20 years
Step-by-step explanation:
<u>Continuous Compounding Formula</u>

where:
- A = Final amount
- P = Principal amount
- e = Euler's number (constant)
- r = annual interest rate (in decimal form)
- t = time (in years)
Given:
- A = $10,000
- P = $5,000
- r = 3.5% = 0.035
Substitute the given values into the formula and solve for t:









Therefore, it will take 20 years (to the nearest year) for the initial investment to double.
Answer:
The answer is 2
Step-by-step explanation:
14 x 2 = 28
14(2) +10 = 38
38 = 38
Answer:
9 = X -1 X = 10
Step-by-step explanation:
Add one to both sides