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olga2289 [7]
3 years ago
7

How long will it take an account with a 6.7% interest rate, compounded continuously to double?

Mathematics
1 answer:
liraira [26]3 years ago
7 0
2p=pe^0.067t
2=e^0.067t
t=(log(2)/log(e))/0.067
T==10.3 years
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