How long does it take for a deposit of $1100 to double at 7% compounded continuously? How many years does it take to double? years days

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.CR: Chapter Review
Problem 52E: Investment problem If Landon invests 3000 in a 6-year certificate of deposit at the annual rate of...
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Years and days with exact number
Spring Semester 2022 - College Algebra [MAT] (MAT-121-G83)
Homework: Section 4.2 Homework
How long does it take for a deposit of $1100 to double at 7% compounded continuously?
How many years does it take to double?
years
days
Transcribed Image Text:Spring Semester 2022 - College Algebra [MAT] (MAT-121-G83) Homework: Section 4.2 Homework How long does it take for a deposit of $1100 to double at 7% compounded continuously? How many years does it take to double? years days
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