Answer:
35
Step-by-step explanation:
since i couldn't answer before
Henry is investing at a continuously compounded annual interest rate of 4.4%. How many years will it take for the balance to triple? Round your answer up to the nearest whole number, and do not include units in your answer.
The number of years it would take the amount to triple is 25 years.
The formula that would be used to determine the number of years it would take the balance to triple is:
FV = PV x [tex]e^{r}[/tex]N
Where:
n = number of years fv = future value PV = present value e = 2.7182818 r = interest rate3 = [tex]e^{0.044}[/tex]N
Take the log of both sides
log(3) / log(e) / (0.044) = 25 years
A similar question was answered here: https://brainly.com/question/7133042
name the following geometric figures in as many ways as you can.
•————•
X W
•————•
X W
This is called as line segment XW. The 2 dots at the ends indicate that the line segment has a starting point & an end point.
______
RainbowSalt2222 ☔