Use logarithms to solve the problem. Find the interest rate needed for an investment of $3900 to double in 7 years if interest is compounded continuously. (Round your answer to two decimal places.) %/year
Use logarithms to solve the problem. Find the interest rate needed for an investment of $3900 to double in 7 years if interest is compounded continuously. (Round your answer to two decimal places.) %/year
Chapter5: Exponential And Logarithmic Functions
Section5.4: Exponential And Logarithmic Equations
Problem 10ECP: You invest $500 at an annual interest rate of 5.25, compounded continuously. How long will it take...
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Use logarithms to solve the problem.
Find the interest rate needed for an investment of $3900 to double in 7 years if interest is compounded continuously. (Round your answer to two decimal places.)
%/year
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