Time Required to Reach a Goal If Angela has $100 to invest at 4% per annum compounded monthly, how long will it be before she has $175? If the compounding is continuous, how long will it be?

Example 1 Solve each of the following. (a) [Solution] (b) [Solution] (c) [Solution] (d) [Solution] Solution (a) In this first part we have the same base on both exponentials so there really isn’t much to do other than to set...