# PLEASE HELPPYou deposited $8,500 into an account paying 2.5% annual interest compounded continuously.a. Write a growth

1 answer

###### Question:

PLEASE HELPP You deposited $8,500 into an account paying 2.5% annual interest compounded continuously.

a. Write a growth equation.

b. Use your equation and logarithms to extimate how many years it will take for your account to have a balance of $50,000. Round your answer to the nearest tenth of a year.

a. Write a growth equation.

b. Use your equation and logarithms to extimate how many years it will take for your account to have a balance of $50,000. Round your answer to the nearest tenth of a year.

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