Elijah invested $280 in an account paying an interest rate of 2.1% compounded
continuously. Assuming no deposits or withdrawals are made, how long would it
take, to the nearest tenth of a year, for the value of the account to reach $360?

Question

07-02-2021
Mathematics

Answered

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Elijah invested $280 in an account paying an interest rate of 2.1% compounded
continuously. Assuming no deposits or withdrawals are made, how long would it
take, to the nearest tenth of a year, for the value of the account to reach $360?

Sagot :

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