Gina puts $ 6500 into an account earning 7% interest compounded continuously. How long will it take for the amount in the account to grow to $ 8400? Time in years =
Gina puts $ 6500 into an account earning 7% interest compounded continuously. How long will it take for the amount in the account to grow to $ 8400? Time in years =
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 11E
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![Gina puts $ 6500 into an account earning 7% interest compounded continuously. How long will it take for the amount in the account to
grow to $ 8400?
Time in years =](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F63120e2d-c538-4f50-9957-aa8300526aae%2F6efb91c7-d957-43e7-ace3-3d45d7bbe734%2Foqe77e9_processed.png&w=3840&q=75)
Transcribed Image Text:Gina puts $ 6500 into an account earning 7% interest compounded continuously. How long will it take for the amount in the account to
grow to $ 8400?
Time in years =
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