How long will it take money to quadruple with continuous compounding at 12% interest? 15,019 72 Ob 11.5524 Oc10 9861 O d. 76,943 18.129 05

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
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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How long will it take money to quadruple with continuous compounding at 12% interest?
Oa 15,019 72
b.11.5524
Oc10 9861
Od.76,943
18.129.05
Transcribed Image Text:How long will it take money to quadruple with continuous compounding at 12% interest? Oa 15,019 72 b.11.5524 Oc10 9861 Od.76,943 18.129.05
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