Find how many years it takes for money to double when invested at an annual interest rate of 6.1%compounded continuously.38.33x11.36Round your answer to 2 decimal places as needed.

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Answered: Find how many years it takes for money…

Algebra and Trigonometry (MindTap Course List)

4th Edition

ISBN:9781305071742

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter4: Exponential And Logarithmic Functions

Section4.2: The Natural Exponential Function

Problem 2E

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Find how many years it takes for money to double when invested at an annual interest rate of 6.1% compounded continuously. 38.33 x 11.36 Round your answer to 2 decimal places as needed.