Is there any solution to this? they seem to always cancel
Is it 2,280
Hope that work
Answer:
t=20.24 years
Step-by-step explanation:
-Continuous compounding happens over an infinite number of periods and is given by the formula:

Where:
is the future value of the investment
is the principal amount invested
is the rate of interest and time respectively.
#We substitute the given values in the equation to solve for t:

Hence, it takes approximately 20.24 years for the principal to double in value.
n>45 is an inequality that describes the solution.
Hope this helps :)