Ask Question
30 March, 11:45

How long will it take, compounding continuously at 2.5%, for Sally to have a balance of $1,250 if

she invests $1,000? Round answer to the nearest year.

+1
Answers (1)
  1. 30 March, 13:45
    0
    It will only take 1 year

    Step-by-step explanation:

    By starting with 1000 after the first year you will multiply 1000 by 1.25% which gives you 1,250
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “How long will it take, compounding continuously at 2.5%, for Sally to have a balance of $1,250 if she invests $1,000? Round answer to the ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers