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Alecsey [184]
4 years ago
12

Continuous compunding- initial investment=$12,500 APR=9% find the time to double and amount in 15 years

Mathematics
1 answer:
Irina-Kira [14]4 years ago
6 0
2p=pe^rt
2=e^0.09t
Log(2)/log(e)=0.09t
T=7.70 years
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