Michelle put $500 into an account that is compounded continuously with an annual interest rate of 5%, according to the formula s

Question

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. *

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Hồng Cúc 4 years 2021-09-02T13:13:56+00:00 1 Answers 8 views 0

Answers ( )

  1. trucchi
    0
    2021-09-02T13:15:45+00:00
    Reply

    Answer:

    5%

    Step-by-step explanation:

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