Alan deposited $300 in an account that pays 6% interest compounded continuously. Approximately how long will it take for Alan’s money to triple? (Use the formula where A is the accumulated amount, P is the initial ammount, r is the annual rate of interest, and t is the elapsed time in years.)
Answer
a. 11.55 years
b. 18.31 years
c. 23.10 years
d. 7.95 years

Question

Alan deposited $300 in an account that pays 6% interest compounded continuously.  Approximately how long will it take for Alan’s money to triple?  (Use the formula where A is the accumulated amount, P is the initial ammount, r is the annual rate of interest, and t is the elapsed time in years.)
Answer
	 a.	11.55 years
	 b.	18.31 years
	 c.	23.10 years
	 d.	7.95 years

anonymous · Answer

Write out the formula and fill in the values.

anonymous · Answer

idk the formula

anonymous · Answer

google "compond interest formula" or look in your textbook

anonymous · Answer

do you not know it

anonymous · Answer

This is to teach you to look things up for yourself instead of lazyily expecting them to be handed to you.

anonymous · Answer

well if you know the formula i cant use it why would i get from the internet when u can tell me it

anonymous · Answer

Because you want to learn? because I expect you to excert some effort on your part?

anonymous · Answer

? well if I get the formula I can solve it I didnt ask for the answer

anonymous · Answer

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