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Mathematics 7 Online
OpenStudy (anonymous):

How many years (approx.) will it take $6,000 to amount to 8,000 if it is invested at an annual rate of 9.0% compounded continuously ? A. 23 Years B. 3 Years C. 9 Years D. 2 Years E. 42 Years

OpenStudy (anonymous):

I believe we need one more number here.. What was the initial investment?

OpenStudy (anonymous):

missing something?

OpenStudy (anonymous):

If I give you the formula, can you figure it out?

OpenStudy (anonymous):

\[8000=6000e ^{.09t}\]

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