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Mackenzie invested $770 in an account paying an interest rate of 6.1% compounded continuously. Assuming no deposits or withdrawals are made, how long would it take, to the neare…
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Mackenzie invested $770 in an account paying an interest rate of 6.1% compounded continuously. Assuming no deposits or withdrawals are made, how long would it take, to the neare…
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May 2, 2022
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Mackenzie invested $770 in an account paying an interest rate of 6.1% compounded continuously. Assuming no deposits or withdrawals are made, how long would it take, to the nearest year, for the value of the account to reach $1,830?
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Answer: 14
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Morteza Soleimani
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May 9, 2022
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