How long will it take for $2,000 to grow to $7,000 if the investment earns an interest rate of 5% per year compounded co

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

How long will it take for $2,000 to grow to $7,000 if the investment earns an interest rate of 5% per year compounded co

Post by answerhappygod »

How Long Will It Take For 2 000 To Grow To 7 000 If The Investment Earns An Interest Rate Of 5 Per Year Compounded Co 1
How Long Will It Take For 2 000 To Grow To 7 000 If The Investment Earns An Interest Rate Of 5 Per Year Compounded Co 1 (33.16 KiB) Viewed 44 times
How long will it take for $2,000 to grow to $7,000 if the investment earns an interest rate of 5% per year compounded continuously. Exact length of time (without using a calculator), t = Length of time, rounded to 2 decimal places = years years
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply