Find the time it takes for $9,800 to double when invested at an annual interest rate of 18%, compoundedcontinuously.yearsFind the time it takes for $980,000 to double when invested at an annual interest rate of 18%, compoundedcontinuously.years

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Answered: Find the time it takes for $9,800 to…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter7: Exponents And Exponential Functions

Section7.7: Writing Exponential Functions

Problem 31HP

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Find the time it takes for $9,800 to double when invested at an annual interest rate of 18%, compounded continuously. years Find the time it takes for $980,000 to double when invested at an annual interest rate of 18%, compounded continuously. years