Find the time it takes for $8,900 to double when invested at an annual interest rate of 7%, compounded continuously. years Find the time it takes for $890,000 to double when invested at an annual interest rate of 7%, compounded continuously. years Question Help: D Video

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter10: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 386RE: In the following exercises, solve. 386. Felix invested $12,000 in a savings account. If the interest...
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Find the time it takes for $8,900 to double when invested at an annual interest rate of 7%, compounded continuously.
years  

 

Find the time it takes for $890,000 to double when invested at an annual interest rate of 7%, compounded continuously.
years  

Find the time it takes for $8,900 to double when invested at an annual interest rate of 7%, compounded
continuously.
years
Find the time it takes for $890,000 to double when invested at an annual interest rate of 7%, compounded
continuously.
years
Question Help: D Video
Transcribed Image Text:Find the time it takes for $8,900 to double when invested at an annual interest rate of 7%, compounded continuously. years Find the time it takes for $890,000 to double when invested at an annual interest rate of 7%, compounded continuously. years Question Help: D Video
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