a.How long will it take an investment to double in value if the interest rate is 4% compounded continuously? (Round your answer to two decimal places.) b.
a.How long will it take an investment to double in value if the interest rate is 4% compounded continuously? (Round your answer to two decimal places.) b.
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 8RE: Suppose an investment account is opened with aninitial deposit of 10,500 earning 6.25...
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a.How long will it take an investment to double in value if the interest rate is 4% compounded continuously? (Round your answer to two decimal places.)
b.
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