asked 2.5k views
24 votes
A person invests $485 in an account that earns 2.2% annual interest compounded continuously. Find

when the value of the investment reaches $2,200. If necessary, round to the nearest hundredth.

The investment will be reach $2,200 in approximately ______ years.

asked
User Djalonso
by
8.5k points

1 Answer

10 votes

Answer:

12 years

Explanation:

answered
User Rolando
by
8.7k points
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