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Teresa invests $4,000 in an account that compounds interest continuously and earns 5.5%. How long will...

Teresa invests $4,000 in an account that compounds interest continuously and earns 5.5%. How long will it take for her money to reach $80,000? Round to the nearest tenth of a year

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Answer #1

I have used the given data and the formula for continuous compound interest to get the answer.

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