How long does it take for an investment to quadruple (grow by 4x) at an annual interest rate of 6.7% compounded continuously? Round your answer to the nearest tenth. A = Pert O A 20.7 years O B. 20.9 years O C. 21.0 years O D. 20.96 years

How long does it take for an investment to quadruple (grow by 4x) at an annual interest rate of 6.7% compounded continuously? Round your answer to the nearest tenth. A = Pert O A 20.7 years O B. 20.9 years O C. 21.0 years O D. 20.96 years

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College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter6: Linear Systems

Section6.8: Linear Programming

Problem 5SC: If during the following year it is predicted that each comedy skit will generate 30 thousand and...

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