leilanyguzman6 leilanyguzman6
  • 13-01-2021
  • Mathematics
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Olivia invested $500 in an account paying an interest rate of 2.4% 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 $650?

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12148654c 12148654c
  • 13-01-2021
It would be 10.932 years or 10.9 to the tenth
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