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$2500 Is Invested in an Account at Interest Rate R r=0.06r = 0.06

Question 83

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$2500 is invested in an account at interest rate r, compounded continuously.Find the time required for the amount to double.(Approximate the result to two decimal places.) r=0.06r = 0.06


A) 13.55 yr
B) 10.55 yr
C) 12.55 yr
D) 9.55 yr
E) 11.55 yr

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