How long will it take for an investment of $3000 to double in value if the interest rate is 6.5% per year compounded continuousl
1 answer:
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generate by: Amplitude:5 Period:4
Phase shift:(3 to the right) Vertical shift:-2
x=3,g(x)= 3
x=4,g(x)= -2
x=5,g(x)= -5
x=6,g(x)= -2
x=7,g(x)= 3
the graph is like cos(x)
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Answer - 7.85
Explanation - d = 0.01
Dfn - 4
Dfd - 7
Using F Table -
Critical Value - 7.85
Explanation - d = 0.01
Dfn - 4
Dfd - 7
Using F Table -
Critical Value - 7.85