Answer:
Step-by-step explanation:
I have no idea what formula that is you're using but the one I teach in both algebra 2 and in precalculus for continuous compounding is

where A(t) is the amount after the compounding, P is the initial investment, ee is Euler's number, r is the interest rate in decimal form, and t is the time in years. If our money doubles, we just have to come up with a number which will be P and then double it to get A(t). It doesn't matter what number we pick to double, the answer will come out the same regardless. I started with 2 and then doubled it to 4 and filled in the rest of the info given with time as my unknown:

Begin by dividing both sides by 2 to get

The only way we can get that t out of its current position is to take the natural log of both sides. Natural logs have a base of e, so
This is because they are inverses of one another. Taking the natural log of both sides:
Now divide by .062 to get
t = 11.2 years
Answer:
are you doing dilation 8th grade math?
The worth of the bond is $307.50.
<h3>What is the worth of the bond?</h3>
The worth of the bond is the sum of the bond when it was bought and the interest earned on the bond.
Worth of the bond = interest rate + value when the bond was bought
Interest = 105% x $150
1.05 x $150 = $157.70
Worth of the bond = $157.70 + $150 = $307.50
To learn more about interest, please check: brainly.com/question/26164549
It shows you the exact distance from each number and it's easier to find out how far apart they are.