Patience has invested a portion of her inheritance at an interest rate of 11% per annum, compounded monthly. After how many months will Patience have her investment doubled? A. 70 В. 84 С. 76 D. 839 E. 7

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
Section11.2: Applications Of Exponential Functions
Problem 27PS
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Patience has invested a portion of her
inheritance at an interest rate of 11% per
annum, compounded monthly. After how
many months will Patience have her
investment doubled?
A. 70
В. 84
C. 76
D. 839
E. 7
ich
PrtSc
F4
F5
F6
F7
F9
F10
F11
F12
23
&
4.
6.
7
T.
H
JK
CV
N M
Transcribed Image Text:Patience has invested a portion of her inheritance at an interest rate of 11% per annum, compounded monthly. After how many months will Patience have her investment doubled? A. 70 В. 84 C. 76 D. 839 E. 7 ich PrtSc F4 F5 F6 F7 F9 F10 F11 F12 23 & 4. 6. 7 T. H JK CV N M
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