Michelle put $500 into an account that is compounded

continuously with an annual interest rate of 5%, according to the formula

shown below, where A is the amount earned, P in the principal, r is the

interest rate, and t is the time, in years. In how many years, approximately,

will it take for Michelle’s investment to double. *

### Leave a Comment

You must be logged in to post a comment.

Answer:5%

Step-by-step explanation: