An initial investment of $200 is now valued at $350. The annual interest rate is 8% compounded continuously. The equation
2000.08 - 350 represents the situation, where t is the number of years the money has been invested. About how long has the
money been invested? Use a calculator and round your answer to the nearest whole number
5 years
7 years
19 years
22 years
Answers (2)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “An initial investment of $200 is now valued at $350. The annual interest rate is 8% compounded continuously. The equation 2000.08 - 350 ...” 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
You Might be Interested in
Combining like terms 2a+1+9a+7
Answers (2)
The school band is selling candy to raise $1,800.00 to pay for their trip to a band festival. The band earns $1.50 from every box of candy sold. Kayla solved the inequality 150>1,800 to find the number of boxes the band must sell to meet their goal.
Answers (2)
What is 213,548 rounded to the nearest hundred thousand?
Answers (1)
emily earns $75 per day plus a commission. her commission is 15%. she sells $600 worth of furniture. how much does she earn for the day
Answers (1)
How to turn 5 1/2% into a decimal
Answers (1)
New Questions in Mathematics
6t - 6, for t = 6 A 42 B 29 C 30 D 43
Answers (2)
Find the ratio a:b, if it is given that ... 1) 2a=9b 2) a/5 = b/7 3) 6a-3b=5b 4) a+b=3b 5) a-2b/a+2b = 1/2 6) 2a-3b/5 = a+b/3
Answers (1)
A box contains one yellow, two red, and three green balls. Two balls are randomly chosen without replacement.
Answers (1)
Three brothers share 2 sandwiches equally. Hoe much of a sandwich does each brother get?
Answers (2)
The mathematics department of a college has 6 male professors, 12 female professors, 10 male teaching assistants, and 9 female teaching assistants.
Answers (1)