Use Your Graphing Calculator to Find How Long It Will

question 167

Multiple Choice

Use your graphing calculator to find how long it will take for $6600 invested at 5.85% per year compounded daily to triple in value. Find the answer to the nearest year.

• A) 25,219 years
• B) 19 years
• C) 0 years
• D) 2,502,126 years

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Definitions:

Organizational Pattern

The structured arrangement and presentation of ideas or information in a coherent and logical way.

Functional

Designed to be practical and useful, rather than purely decorative, focusing on what something does or is used for.

Direct

To manage or guide by giving commands or instructions with authority.

Deductive

A logical process in which a conclusion is based on the concordance of multiple premises that are generally assumed to be true.