If $900 is deposited in an account paying 9 % annual interest, compounded continuously, how long will it take for the account to increase to $1500? Round your answer to the nearest hundredth of a year. about years TIP

If $900 is deposited in an account paying 9 % annual interest, compounded continuously, how long will it take for the account to increase to $1500? Round your answer to the nearest hundredth of a year. about years TIP

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

If $900 is deposited in an account paying 9 % annual interest, compounded continuously, how long will it take for
the account to increase to $1500? Round your answer to the nearest hundredth of a year.
about
years
TIP
Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity

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