How long will it take an account with a 6.7% interest rate, compounded continuously to double?
1 answer:
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a) The halfway number is .
b) The ascending order is ,
and
.
<u>Step-by-step explanation:</u>
a)Halfway number is otherwise Middle number.
The halfway number of two numbers = .
The halfway for and
=
.
=.
= .
=.
∴Halfway =.
=
The halfway for and
=
.
b) The ascending order is ,
and
.