Question: Use the model 4-Pe. where A is the future value of P dollars invested at interest rater compounded continuously or n times per year for
Use the model 4-Pe". where A is the future value of P dollars invested at interest rater compounded continuously or n times per year for t years. If a couple has $125,000 in a retirement account, how long will it take the money to grow to $1,000,000 if it grows by 8% compounded continuously? Round up to the nearest year. It will take approximately years
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