f $1000 is invested in an account that earns 6.3% interest compounded continuously,how many whole years will it take for the account value to reach $2000?
f $1000 is invested in an account that earns 6.3% interest compounded continuously,how many whole years will it take for the account value to reach $2000?
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 4PT: An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded...
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If $1000 is invested in an account that earns 6.3% interest compounded continuously,how many whole years will it take for the account value to reach $2000?
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