subject
Mathematics, 03.12.2020 22:10 Wookas8355

Sung Lee invests $5,000 at age 18. He hopes the investment will be worth $10,000 when he turns 25. If the interest compounds continuously, approximately what rate of growth will he need to achieve his
goal? Round to the nearest tenth of a percent.


Sung Lee invests $5,000 at age 18. He hopes the investment will be worth $10,000 when he turns 25.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 20:00
How to find the exponential function y=ca^x, with points (1,2) and (2,1)
Answers: 2
question
Mathematics, 21.06.2019 22:20
Jimmy can run 3.5 miles in 20 minutes. how far can ne run in one hour and ten minutes?
Answers: 1
question
Mathematics, 21.06.2019 23:00
Ineed to know the ordered pairs for this equation i need the answer quick because it’s a timed test
Answers: 3
question
Mathematics, 21.06.2019 23:50
4. (10.03 mc) the equation of line cd is y = −2x − 2. write an equation of a line parallel to line cd in slope-intercept form that contains point (4, 5). (4 points) y = −2x + 13 y = negative 1 over 2 x + 7 y = negative 1 over 2 x + 3 − 2x − 3
Answers: 2
You know the right answer?
Sung Lee invests $5,000 at age 18. He hopes the investment will be worth $10,000 when he turns 25. I...
Questions
question
Mathematics, 18.03.2021 01:00
Questions on the website: 13722363