Question: How long would it take $ 7 5 , 0 0 0 to grow to $ 1 0 0 , 0 0 0 if invested

How long would it take $75,000 to grow to $100,000 if invested at 4.5% compounded continuously?
Round the answer to the nearest integer.
years
How long would it take $ 7 5 , 0 0 0 to grow to $

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!