How long (in years)would $800 have to be invested at an annual rate of 11%,compounded continuously,to amount to $1060? Round your answer to two decimal places.
A) 2.95 years
B) 2.70 years
C) 0.56 years
D) 3.38 years
E) 2.56 years

Question

​How long (in years)would $800 have to be invested at an annual rate of 11%,compounded continuously,to amount to $1060? Round your answer to two decimal places. ​
A) ​2.95 years
B) ​2.70 years
C) ​0.56 years
D) 3.38​ years
E) ​2.56 years

Quizplus · Accepted Answer

The Answer of ​How long (in years)would $800 have to be invested at an annual rate of 11%,compounded continuously,to amount to $1060? Round your answer to two decimal places. ​
A) ​2.95 years
B) ​2.70 years
C) ​0.56 years
D) 3.38​ years
E) ​2.56 years

​How Long (In Years)would $800 Have to Be Invested at an Annual

How Long (In Years)would $800 Have to Be Invested at an Annual