Based on the interest rate and continuous compounding, the investment would double in value after 18.5 years.
We have given that,
investment to double at a 3 3/4% interest rate,
<h3>When will the investment double in value?</h3>
The future value using continuous compounding is:
= Amount x e ^ (rate x time)
Interest is
= 3.75%
<h3>What is the formula of an exponential function?</h3>
2 = e ^ (0.0375 x time)
In2 = 0.0375 x time
t = In2 / 0.0375
t= 18.5 years
To learn more about the compounded continuously visit:
brainly.com/question/16731646.
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Answer:
162 square inch
Step-by-step explanation:
Area = Length * Width
Area = 
Answer: $91.40
Explanation
137.10/3=45.7
45.7x2=91.4
It’s 212.00 why does it have to be 20 words ugh
Um it is the third brainiest please
