How many years will it take for an initial investment of $40,000 to go to $60,000? Assuming a rate

Discussion in 'Calculator Requests' started by math_celebrity, Dec 3, 2019.

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  1. math_celebrity

    math_celebrity Administrator Staff Member

    How many years will it take for an initial investment of $40,000 to go to $60,000? Assuming a rate of interest at 18% compounded continuously

    Using our continuous interest calculator and solving for n, we get:
    n = 2.2526 years
     
    math_celebrity, Dec 3, 2019
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