If $25,000 is invested at 9% compounded continuosly, then how long will it take for the investment to grow to $40,000.00. Round to the nearest day.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 6RE: Hsu-Mei wants to save 5,000 for a down paymenton a car. To the nearest dollar, how much will sheneed...
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If $25,000 is invested at 9% compounded continuosly, then how long will it take for the investment to grow to $40,000.00. Round to the nearest day.

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