Click Find the doubling time of an investment earning 7% interest if interest is compounded continuously. ... The doubling time of an investment earning 7% interest if interest is compounded continuously is years. (Round to the nearest tenth of a year.)

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter5: Exponential And Logarithmic Functions
Section5.6: Exponential And Logarithmic Equations
Problem 98E
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Find the doubling time of an investment earning 7% interest if interest is compounded continuously.
The doubling time of an investment earning 7% interest if interest is compounded continuously is
(Round to the nearest tenth of a year.)
years.
Transcribed Image Text:Watch the video and then solve the problem given below. Click here to watch the video. Find the doubling time of an investment earning 7% interest if interest is compounded continuously. The doubling time of an investment earning 7% interest if interest is compounded continuously is (Round to the nearest tenth of a year.) years.
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