Akeem invests $25,000 in an account that pays 4.75% annual interest compounded continuously. Using the formula A=Pe^rt, where A=the amount in the account after t years, P=principal invested, and r=the annual interest rate, how many years, to the nearest tenth will it take Akeem’s investment to triple?
SHOW WORK!
a) 10.0
b) 14.6
c) 23.1
d) 24.0

Question

Akeem invests $25,000 in an account that pays 4.75% annual interest compounded continuously. Using the formula A=Pe^rt, where A=the amount in the account after t years, P=principal invested, and r=the annual interest rate, how many years, to the nearest tenth will it take Akeem’s investment to triple?
SHOW WORK!
a)	10.0
b)	14.6
c)	23.1
d)	24.0

anonymous · Answer

I dont understand

anonymous · Answer

Here I'll refer you to someone who can help you understand. @terenzreignz Just messege him and Im pretty sure he can help.

anonymous · Answer

Hello, could you please help her?

terenzreignz · Answer

Okay, that was a pretty nifty intro, @Puahina 
Thanks...
Now, @kmlashay
ready to begin?

terenzreignz · Answer

@Puahina It would be nicer if she was actually here... should it be continued anyway?