MY NOTES W Mia invests $2,000 in a money market account that earns 5% annual interest, compounded continuously. Approxim

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

MY NOTES W Mia invests $2,000 in a money market account that earns 5% annual interest, compounded continuously. Approxim

Post by answerhappygod »

My Notes W Mia Invests 2 000 In A Money Market Account That Earns 5 Annual Interest Compounded Continuously Approxim 1
My Notes W Mia Invests 2 000 In A Money Market Account That Earns 5 Annual Interest Compounded Continuously Approxim 1 (54.75 KiB) Viewed 51 times
MY NOTES W Mia invests $2,000 in a money market account that earns 5% annual interest, compounded continuously. Approximately how many years will it take her money to grow to the $4,500 she needs for her small business start-up? (Round your answer to one decimal place.) yr ASK YOUR TEACHER
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”