State continuously compounded interest

Reference no: EM13200913

A woman deposits $50,000 in a savings account with 4% continuously compounded interest. How many years must she wait until the balance has doubled? How do I use the A = Pert equation with the above problem?

Reference no: EM13200913

Questions Cloud

State how long does it take fred to complete : How long does it take Fred to complete 20% of his caches? This time is the Easting of the co-ordinates of the cache in minutes.

Decscribe is the outcome a nash equilibrium : Two firms, Rattler and Sidewinder, produce and sell snakeskin cowboy boots. The following payoff table represents profits in millions of dollars for a simultaneous pricing decision between the two firms.

Goal of the government programs : This is not a goal of government programs To enforce private property rights ,To prohibit natural monopolies or else.

Why did nations of europe not need to worry about threats : Russia, Iran and Qatar made the first serious moves Tuesday toward forming an OPEC-style cartel on natural gas, raising concerns that Moscow could boost its influence over energy markets spanning from Europe to South Asia Such an alliance would ha..

State continuously compounded interest : A woman deposits $50,000 in a savings account with 4% continuously compounded interest. How many years must she wait until the balance has doubled

How has the definition of diversity changed over time : How has the definition of diversity changed over time? Can a diverse workforce help a company compete more effectively and compare and contrast microeconomics and macroeconomics. How do the two approaches interrelate? Use a specific example to expla..

State how many steel barrels will need : Each of the barrels has a radius of 1.3 feet and are 4.2 feet tall. If Mike needs to transport 317 cubic feet of oil, how many steel barrels will he need?

Find probability of a stock-out on any given order cycle : If a manager sets the reorder point at 30, determine the probability of a stock-out on any given order cycle. Determine the number of times the manager should expect a stock-out during the year if this reorder point were used.

Solve the model using graphical analysis : A restaurant sells ice cream and frozen yogurt. The restaurant makes one order for ice cream and frozen yogurt per week, and the store has enough freezer space for 110 gallons of both products

User Account

All Pages