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Alenkasestr [34]
3 years ago
12

2(x + 2) = 3x = 2(x + 1) + 1

Mathematics
2 answers:
Karo-lina-s [1.5K]3 years ago
7 0
2 it’s two says the calculator
Monica [59]3 years ago
3 0
5x=8 if that was what you meant
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Find the doubling time of an investment earning 7% interest if interest is compounded continuously
Alex

Answer:

The doubling time of this investment would be 9.9 years.

Step-by-step explanation:

The appropriate equation for this compound interest is

A = Pe^(rt), where P is the principal, r is the interest rate as a decimal fraction, and t is the elapsed time in years.

If P doubles, then A = 2P

Thus, 2P = Pe^(0.07t)

Dividing both sides by P results in 2 = e^(0.07t)

Take the natural log of both sides:  ln 2 = 0.07t.

Then t = elapsed time = ln 2

                                       --------- = 0.69315/0.07 = 9.9

                                         0.07

The doubling time of this investment would be 9.9 years.

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Step-by-step explanation:

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