Question: Use the model A = Peor A =P 1+_ , where A is the future value of P dollars invested at interest rate / compounded

Use the model A = Peor A =P 1+_ , where A is the future value of P dollars invested at interest rate / compounded n continuously or n times per year for t years. If a couple has $200,000 in a retirement account, how long will it take the money to grow to $ 1,000,000 if it grows by 7% compounded continuously? Round up to the nearest year. It will take approximately years. mit

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