# math

Complete the table for a savings account in which interest is compounded continuously.

initial investment = \$600
annual % rate = ?
time to double ?
Amount after 10 years = \$19,205.00

I have no idea how to solve this.

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1. Neither do I, since you don't have enough information.

Either you have to tell me what the rate is, or the time for doubling.

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2. sorry, you do have enough information, but please please tell me where I can invest \$600 and have it grow to \$19205 in 10 years

19205 = 600(1+i)^10
32.008 = (1+i)^10
take the 10th root
1.414 = 1+i
i = .414 or 41.4% interest if compounded annually

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