Mathematics, 14.01.2020 20:31 divyaravinder8148

$1000 in a savings account where his money is compounded continuously at 6%. how long will it take him to have $1200 in his bank account? round to the nearest tenth of a year.

a) 1.3 years
b) 3.0 years
c) 9.1 years
d) 17.1 years

Answers: 2

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$1000 in a savings account where his money is compounded continuously at 6%. how long will it take him to have $1200 in his bank account? round to the nearest tenth of a year. a) 1.3 years b) 3.0 years c) 9.1 years d) 17.1 years

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Another question on Mathematics

$1000 in a savings account where his money is compounded continuously at 6%. how long will it take him to have $1200 in his bank account? round to the nearest tenth of a year.

a) 1.3 years
b) 3.0 years
c) 9.1 years
d) 17.1 years