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شائع Word Problems >

How many years will it take for an initial investment of 10,000 to grow to 25,000 at an interest rate of 6% compounded continuously?

الحلّ

Ho w man y ye a rs w i ll i t t ak e f or an ini t ia l in v es t m e n t o f 10, 000 t o g ro w t o 25, 000 a t an in t eres t r a t e o f 6% co m p o u n d e d co n t in u o u s l y ?

الحلّ

Time : 15.27

خطوات الحلّ

Translate the problem into an equation:

25000 = 10000 e^{0.06 t}

25000 = 10000 e^{0.06 t}, t

حلّ لـ:

t = 15.27

Time : 15.27

أمثلة شائعة

You deposit 5000 in an account earning 2% interest compounded continuously. How much will you have in the account in 15 years?Suppose 7500 is invested at 5% compounded continuously. Approximately how many years will it take for the amount to grow to 16,700?The sum of 18 and a number is four times that number. What is the number.eight more than a certain number is fourteen less than three times the same number.Find the number.Seven times a number is equal to 12 less than 3 times the number. Find the number.