Question:

Scott invested $3,000 in an account earning 41% annual

Last updated: 8/10/2022

Scott invested $3,000 in an account earning 41% annual

Scott invested $3,000 in an account earning 41% annual interest that is compounded continuously. How long will it take the investment to grow $5, 500? Round your answer to the nearest hundredth. Select the correct answer below: 3.71 years 3.71 months 13.47 months 13.47 years