Question:

Suppose $5000 is invested at 8% interest compounded

Last updated: 7/15/2022

Suppose $5000 is invested at 8% interest compounded

Suppose $5000 is invested at 8% interest compounded continuously. How long will it take for the investment to grow to $10000? Use the model A(t) = Pet and round your answer to the nearest hundredth of a year. years for the investment to reach $10000. It will take