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anonymous
 4 years ago
im doing logistics function
a. Assuming that you invest $14,000 in the United States, how long (to the nearest year) must you wait before your investment is worth $20,000 if the interest is compounded annually?
b. How long, to the nearest year, will it take me to become a millionaire if I invest $1000 at 9% interest compounded continuously?
anonymous
 4 years ago
im doing logistics function a. Assuming that you invest $14,000 in the United States, how long (to the nearest year) must you wait before your investment is worth $20,000 if the interest is compounded annually? b. How long, to the nearest year, will it take me to become a millionaire if I invest $1000 at 9% interest compounded continuously?

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