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Mary invested $42,000 bonus in an account earing 7.2%annual interest that is compounded continuously. How long in years, will it take the account to tripe in value?

Mary invested $42,000 bonus in an account earing 7.2%annual interest that is compounded continuously. How long in years, will it take the account to tripe in value?
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Mary invested $42,000 bonus in an account earing 7.2%annual interest that is compounded continuously. How long in years, will it take the account to tripe in value?

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User BrightIntelDusk
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1 Answer

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about 14 years because she would earn $3024 yearly and 3024 multiplied by 14 equals 42336

hope this helps! :)
answered
User ChAmi
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