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OpenStudy (anonymous):
How long will it take a $600 investment to be worth $900 if it is continuously compounded at 8% per year? (Give the answer to two decimal places.)
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OpenStudy (anonymous):
Take 600 and multiply it by 1.8 as many times as you have to to reach 900
OpenStudy (anonymous):
you mean1.08 ? beacuse it is 8% in the question
OpenStudy (anonymous):
Yes sorry, 1.08. Good catch!
OpenStudy (anonymous):
So the answer is, i dont know how to calculate it
OpenStudy (anonymous):
Do you have a calculator on your phone/computer?
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OpenStudy (anonymous):
yes but i dont know how to use that, im not vert clearly understand the multiply it by 1.008
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