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If $570 is invested at 8% annual interest rate, compounded continuously, how many years will it take for the investment to reach the value of $940 ?

If $570 is invested at 8% annual interest rate, compounded continuously, how many years will it take for the investment to reach the value of $940 ?
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1 vote
If $570 is invested at 8% annual interest rate, compounded continuously, how many years will it take for the investment to reach the value of $940 ?

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User Mike Furtak
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1 Answer

6 votes

Answer:

It will take approximately 9 years to take investment *o reach the value of $940

answered
User Kecso
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