At what nominal rate compounded continuously must money be invested to double in 2 years? A rate of % is required for money to double in 2 years.
At what nominal rate compounded continuously must money be invested to double in 2 years? A rate of % is required for money to double in 2 years.
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section4.2: The Natural Exponential Function
Problem 2E
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