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3241004551 [841]

4 years ago

5

How long will it take an investment to double in value if the interest rate is 10% compounded continuously? (round your answer t

o two decimal places.)?

1 answer:

Varvara68 [4.7K]4 years ago

8 0

Assumed
PW as 100
FW as twice PW as 200

answer is 7.27254 years

manually take the log of both sides and solve for n

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