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posted by Jason on Wednesday, June 8, 2011 at 4:26pm.
If $ 2500 is invested in an account that pays interest compounded continuously, how long will it take to grow to $ 5000 at 3%? Round to the nearest tenth
5000=2500*1.03^t 1.03^t=2 t=ln2/ln1.03=23.4
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