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How long does it take for $250 to grow to $600 at 4% annual percentage rate compounded continuously? Round to the nearest year.

How long does it take for $250 to grow to $600 at 4% annual percentage rate compounded continuously? Round to the nearest year.
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How long does it take for $250 to grow to $600 at 4% annual percentage rate compounded continuously? Round to

the nearest year.

asked
User Xvk
by
7.9k points

1 Answer

0 votes

Answer:

22yrs

Explanation:

So, the money will grow to $600 in about$$ 22 years.

answered
User Jarl
by
8.0k points
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