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Elana invests $2000 in a savings account with a nominal annual interest rate of 5% compounded continuously. How many years will it take for the investment to reach $3000? Round …
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Elana invests $2000 in a savings account with a nominal annual interest rate of 5% compounded continuously. How many years will it take for the investment to reach $3000? Round …
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Dec 18, 2023
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Elana invests $2000 in a savings account with a nominal annual interest rate of 5% compounded continuously. How many years will it take for the investment to reach $3000? Round to the nearest tenth. If anyone can solve this asap you will have goodluck <3
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It will take
5 years
for the
investment
to reach
$3,000.
Sure hope this helps you
Bishan
answered
Dec 23, 2023
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Bishan
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