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Type: Multiple-Choice
Category: Exponents
Level: Grade 11
Standards: HSF-LE.A.4
Tags: HSF-LE.A.4
Author: HTPhysics
Created: a month ago

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Grade 11 Exponents CCSS: HSF-LE.A.4

An investment account earns 4% annual interest, compounded continuously. How many years will it take for an initial investment of $1,500 to grow to $3,000?
  1. 15.2 years
  2. 16.7 years
  3. 17.3 years
  4. 19.9 years
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