Question: Use the model A=Pe or A-P nt ' n where A is the future value of P dollars invested at interest rate r compounded

Use the model A=Pe" or A-P nt ' n where A is

Use the model A=Pe" or A-P nt ' n where A is the future value of P dollars invested at interest rate r compounded continuously or n times per year for t years. If $10,000 is invested in an account earning 6.5% interest compounded continuously, determine how long it will take the money to triple. Round up to the nearest year. It will take approximately years.

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