Ask your own question, for FREE!
Mathematics 8 Online
21744rod:

Tom invests $10,000 in a savings account that offers 3.5 percent interest, compounded continuously. In 10 years Tom will have earned $ in interest, and in years the investment will double. (Use the rule of 70 where required.)

Vocaloid:

for continuous compound you typically use A = Pe^(rt) instead

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!