How long (in years) would $700 have to be invested at an annual rate of 11%, compounded continuously, to amount to $1,376? Round your answer to two decimal places.
A) 7.37 years
B) 6.76 years
C) 7.99 year
D) 3.69 years
E) 6.14 years

Question

How long (in years) would $700 have to be invested at an annual rate of 11%, compounded continuously, to amount to $1,376? Round your answer to two decimal places. ​
A) 7.37 years
B) 6.76 years
C) 7.99 year
D) 3.69 years
E) 6.14 years

Quizplus · Accepted Answer

The Answer of How long (in years) would $700 have to be invested at an annual rate of 11%, compounded continuously, to amount to $1,376? Round your answer to two decimal places. ​
A) 7.37 years
B) 6.76 years
C) 7.99 year
D) 3.69 years
E) 6.14 years

How Long (In Years) Would $700 Have to Be Invested