Sam invests $6,000 in a savings account at 6%
for 3 years. How much did he earn in interest?...
Mathematics, 25.01.2021 20:00 jacksonshalika
Sam invests $6,000 in a savings account at 6%
for 3 years. How much did he earn in interest?
Answers: 1
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An initial investment of $100 is now valued at $150. the annual interest rate is 5%, compounded continuously. the equation 100e0.05t = 150 represents the situation, where t is the number of years the money has been invested. about how long has the money been invested? use your calculator and round to the nearest whole number. years
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