Suppose an account offers 6.2% interest compounded continuously. How long does it take for an investment in this 10. account to double? Round the number of years to the nearest tenth if needed. O 11.2 years O 15.4 years O 12.9 years O 1.1 years O None of the above
Suppose an account offers 6.2% interest compounded continuously. How long does it take for an investment in this 10. account to double? Round the number of years to the nearest tenth if needed. O 11.2 years O 15.4 years O 12.9 years O 1.1 years O None of the above
Chapter5: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 37CT: On the day a grandchild is born, a grandparent deposits $2500 in a fund earning 7.5% interest,...
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