Mathematics, 24.04.2020 21:40 AllanCasey12

6. An investment of $100 is now valued at $149.18. The investment rate is 8%
compounded continuously. About how long has the money been invested?

7. An investment service guaranteed to double your money in 15 years. Assuming
continuous compounding of interest, what rate of interest is needed?

Answers: 3

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6. An investment of $100 is now valued at $149.18. The investment rate is 8%
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6. An investment of $100 is now valued at $149.18. The investment rate is 8% compounded continuously. About how long has the money been invested? 7. An investment service guaranteed to double your money in 15 years. Assuming continuous compounding of interest, what rate of interest is needed?

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6. An investment of $100 is now valued at $149.18. The investment rate is 8%
compounded continuously. About how long has the money been invested?

7. An investment service guaranteed to double your money in 15 years. Assuming
continuous compounding of interest, what rate of interest is needed?