Question
If Tanisha has $1,000 to invest at 6% per annum compounded semiannually, how long will it be before she has $1,600? If the compounding iscontinuous,
If Tanisha has $1,000 to invest at 6% per annum compounded semiannually, how long will it be before she has $1,600? If the compounding iscontinuous, how long will itbe?
Compounding semiannually, it will be about
__________ years before Tanisha has $1,600.
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Introduction to Probability
Authors: Mark Daniel Ward, Ellen Gundlach
1st edition
716771098, 978-1319060893, 1319060897, 978-0716771098
