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$4500 Is Invested in an Account at Interest Rate R r=0.0315r = 0.0315

Question 204

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$4500 is invested in an account at interest rate r, compounded continuously.Find the time required for the amount to triple.(Approximate the result to two decimal places.) r=0.0315r = 0.0315


A) 21.00 yr
B) 20.00 yr
C) 34.88 yr
D) 24.00 yr
E) 23.00 yr

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