Reminder Round all answers to two decimal places unless otherwise indicated.
Doubling Time If an investment earns an APR of
a. Find the doubling time for an investment subject to an APR of
b. Plot the graph of the doubling time
c. Does a small change in the interest rate have a greater effect on the doubling time if interest rates are low or if they are high?
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Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)