The time required to double the amount of an investment at an interest rate r compounded continuously is given by In(2) r Find the time required to double an investment at 3%, 4%, and 5%. (Round your answers to one decimal place.) 3% interest yr уг 4% interest 5% interest yr
The time required to double the amount of an investment at an interest rate r compounded continuously is given by In(2) r Find the time required to double an investment at 3%, 4%, and 5%. (Round your answers to one decimal place.) 3% interest yr уг 4% interest 5% interest yr
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 8E
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