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If $P Is Invested for N Years at 12% Compounded

Question 19

Multiple Choice

If $P is invested for n years at 12% compounded continuously, the rate at which the future value is growing is If $P is invested for n years at 12% compounded continuously, the rate at which the future value is growing is . In how many years will the future value double? Round your answer to one decimal place. ​ A) 9.2 years B) 7.8 years C) 5.8 years D) 11.2 years E) 10.8 years . In how many years will the future value double? Round your answer to one decimal place. ​


A) 9.2 years
B) 7.8 years
C) 5.8 years
D) 11.2 years
E) 10.8 years

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