7. An initial deposit was placed into a crypto-account that accrues interest compounded continuously. If the value doubles in 72 months, How many years will it take for the initial deposit placed to triple its value? * O A. 114 years B. 11.4 years C. 95 years D. 9.5 years
7. An initial deposit was placed into a crypto-account that accrues interest compounded continuously. If the value doubles in 72 months, How many years will it take for the initial deposit placed to triple its value? * O A. 114 years B. 11.4 years C. 95 years D. 9.5 years
Chapter5: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 37CT: On the day a grandchild is born, a grandparent deposits $2500 in a fund earning 7.5% interest,...
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