based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2014 Country U.S. Japan Germany Australia Brazil Yield 2.5% 0.5% 1.0% 3.5% 4.2% If the interest on a long-term U.S. investment is compounded continuously, how long will it take the value of an investment to double? (Give the answer correct to two decimal places.) ________ yr
based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2014 Country U.S. Japan Germany Australia Brazil Yield 2.5% 0.5% 1.0% 3.5% 4.2% If the interest on a long-term U.S. investment is compounded continuously, how long will it take the value of an investment to double? (Give the answer correct to two decimal places.) ________ yr
Chapter5: Exponential And Logarithmic Functions
Section5.4: Exponential And Logarithmic Equations
Problem 97E
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Question
Long-Term Investments This exercise is based on the following table,
which lists interest rates on long-term investments (based on 10-year government bonds)
in several countries in 2014
Country | U.S. | Japan | Germany | Australia | Brazil |
---|---|---|---|---|---|
Yield | 2.5% | 0.5% | 1.0% | 3.5% | 4.2% |
If the interest on a long-term U.S. investment is compounded continuously,
how long will it take the value of an investment to double?
(Give the answer correct to two decimal places.)
________ yr
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