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29 August, 21:59

Lucy invested $6,000 into an account that earns 6% interest co. pounded continuously. Approximately how long will it take for Lucy's investment to be valued at $25,000?

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  1. 30 August, 01:44
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    you set up the equation using slope intercept form. so ... 25,000=0.06x+6000, then you divide both sides by 6,000 and continue. You should end up getting 69.444
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