A woman invests $5500 in an account that pays 6% interest per year, compounded c

label Algebra
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A woman invests $5500 in an account that pays 6% interest per year, compounded continuously.
(a) What is the amount after 2 years? (Round your answer to the nearest cent.)
  

(b) How long will it take for the amount to be $9000? (Round your answer to two decimal places.)
 

 yr

Jul 17th, 2015

Thank you for the opportunity to help you with your question!

a) 6,201.23......................

b) 6 years.....................

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jul 17th, 2015

years are wrong can you please help

Jul 17th, 2015

8.21 years!

Jul 17th, 2015

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Jul 17th, 2015
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Jul 17th, 2015
Jun 24th, 2017
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