14) How many years will it be when this account of 24,000 triples (compounded continuously)?Pe^r

Name: 14) How many years will it be when this account of 24,000 triples (compounded continuously)?Pe^rt = A
Uploaded: 2023-06-02T16:56:01-08:00
Duration: 1 min 23 s
Channel: Numerade
Description: 14) How many years will it be when this account of 24,000 triples (compounded continuously)?Pe^rt = A

Question

Nicole Hoffman · Answer

So what we want to do is we want to find out how much time is going to take the triple my value.

Kathleen Carty · Answer

I have continuous compounding and I&#x27;m going to start with that formula. P times e to the rt. I w

Madhur L · Answer

Hi, in this question we will be dealing with compounded continuously problem and in this we are

Amy Jiang · Answer

Okay, so we want to know how many years it would take for our money to quadruple, which is four

Donna Densmore · Answer

How long will it take to the nearest year for an investment to triple if it&#x27;s compounding contin

Question

14) How many years will it be when this account of $24,000 triples (compounded continuously)? $Pe^{rt} = A

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