V Ventura17 New Member Apr 20, 2017 #1 Suppose the consumption of electricity grows at 5.3% per year, compounded continuously. Find the number of years before the use of electricity has tripled. Round to the nearest hundredth.
Suppose the consumption of electricity grows at 5.3% per year, compounded continuously. Find the number of years before the use of electricity has tripled. Round to the nearest hundredth.
math_celebrity Administrator Staff member Apr 20, 2017 #2 I get 20.7285 using our continuous interest compound calculator.