Question

How many years will it take for a $50 investment to grow to $1000 if it is compounded continuously at a rate of 5%? Round to two decimal places. Do not include units in your answer A(t) = P * e^(rt)

Answer 1

15

Answer 2

i need help!!!!!!

Answer 3

what about?

Answer 4

How many years will it take for a $50 investment to grow to $1000 if it is compounded continuously at a rate of 5%? Round to two decimal places. Do not include units in your answer A(t) = P * e^(rt)

Answer 5

is really hard

Answer 6

is it 15?

Answer 7

i have studied Engg Economics so it is right

Answer 8

:( it was wrong !

Answer 9

59.91