How long, to the nearest year, will it take an investment to triple if it is continuously compounded at 17% per year? yr

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Exponential And Logarithmic Functions
Section11.CR: Review Problem Set
Problem 56CR
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How long, to the nearest year, will it take an investment to triple if it is continuously compounded at 17% per year?
yr
Transcribed Image Text:How long, to the nearest year, will it take an investment to triple if it is continuously compounded at 17% per year? yr
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