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August 30, 2015

Homework Help: Algebra II

Posted by Sheila on Monday, November 21, 2011 at 5:33pm.

How long would it take to earn $7000 on a 3500 dollar investment at rate of 7.8% compounded continuously?
Would it be something like this:
7000=3000*(1+0.078)/? not sure about what to divided by???

Help-I'm really confused!!!!

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