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$4500 Is Invested in an Account at Interest Rate R

question 175

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$4500 is invested in an account at interest rate r, compounded continuously.Find the time required for the amount to triple.(Approximate the result to two decimal places.) ​ $4500 is invested in an account at interest rate r, compounded continuously.Find the time required for the amount to triple.(Approximate the result to two decimal places.)  ​   ​ A) 21.00 yr B) 20.00 yr C) 34.88 yr D) 24.00 yr E) 23.00 yr

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Definitions:

PERT Networks

Project management tools used to plan, schedule, and control complex projects, showcasing tasks as a network of nodes.

Longest Time

The maximum duration taken to complete a specific task or set of tasks within a project or process.

PERT Project

Program Evaluation and Review Technique, a project management tool used to plan, schedule, and control complex projects.

Expected Completion

An estimated time or date by which a project, task, or operation is predicted to be finished, taking into account various factors affecting its progress.

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