Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN: 9781285741550
Author: James Stewart
Publisher: Cengage Learning
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Question
Please solve rounding to one decimal place
How many years are required for an investment to double in value if it is appreciating at the rate of 13% compounded continuously? At 13% compounded continuously, the investment doubles in years. (Round to one decimal place as needed.)
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Transcribed Image Text:How many years are required for an investment to double in value if it is appreciating at the rate of 13% compounded continuously? At 13% compounded continuously, the investment doubles in years. (Round to one decimal place as needed.)
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