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$2000 is invested at 3.5% compounded continuously. How many years will it take for the investment to be worth $3000?
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$2000 is invested at 3.5% compounded continuously. How many years will it take for the investment to be worth $3000?
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Mar 12, 2023
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$2000 is invested at 3.5% compounded continuously. How many years will it take for the investment to be worth $3000?
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Answer:
16 months or 1 and 1/2 years
Martin Redmond
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Mar 16, 2023
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