99. Investment The time required to double the amount of an investment at an interest rate r compounded continuously is given by In 2 Find the time required to double an investment at 6%, 7%, and 8%.

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 94E
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Investment The time required to double the amount of an
investment at an interest rate r compounded continuously is
given by

99. Investment The time required to double the amount of an
investment at an interest rate r compounded continuously is
given by
In 2
Find the time required to double an investment at 6%, 7%,
and 8%.
Transcribed Image Text:99. Investment The time required to double the amount of an investment at an interest rate r compounded continuously is given by In 2 Find the time required to double an investment at 6%, 7%, and 8%.
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