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  2. Topic
    Mathematics
  3. Study Set
    Intermediate Algebra
  4. Exam
    Exam 10: Inverse, Exponential, and Logarithmic Functions
  5. Question
    How Long Would It Take\(\$ 9000\) To Grow To\(\$ 36,000\)
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How Long Would It Take $9000\$ 9000$9000 To Grow To $36,000\$ 36,000$36,000

Question 1

Question 1

Multiple Choice

How long would it take $9000\$ 9000$9000 to grow to $36,000\$ 36,000$36,000 at 5%5 \%5% compounded continuously? Round your answer to the nearest tenth of a year.


A) 28.0 years
B) 28.6 years
C) 35.0 years
D) 27.7 years

Correct Answer:

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