Use the model A=Pert or A= P ( 1 + r/n)nt where A is the

Last updated: 9/1/2022

Use the model A=Pert or A= P ( 1 + r/n)nt where A is the future value of P dollars invested at interest rate r compounded continuously or n times per year for t years. If $10,000 is invested in an account earning 6.5% interest compounded continuously, determine how long it will take the money to triple. Round up to the nearest year. It will take approximately years.