Mathematics, 09.02.2021 23:30 am2016832

Mia invested $52,000 in an account paying an interest rate of 3.1% compounded continuously. Assuming no deposits or withdrawals are made, how long would it
take, to the nearest tenth of a year, for the value of the account to reach $62,100?

Answers: 1

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Mia invested $52,000 in an account paying an interest rate of 3.1% compounded continuously. Assuming no deposits or withdrawals are made, how long would it take, to the nearest tenth of a year, for the value of the account to reach $62,100?

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Another question on Mathematics

Mia invested $52,000 in an account paying an interest rate of 3.1% compounded continuously. Assuming no deposits or withdrawals are made, how long would it
take, to the nearest tenth of a year, for the value of the account to reach $62,100?