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    College Algebra Graphs
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    Exam 5: Exponential and Logarithmic Functions
  5. Question
    Solve. -Suppose That $11,000 Is Invested at an Interest Rate of of 5.8
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Solve. -Suppose That $11,000 Is Invested at an Interest Rate of of 5.8

Question 8

Question 8

Multiple Choice

Solve.
-Suppose that $11,000 is invested at an interest rate of 5.8% per year, compounded continuously. What is the doubling time?


A) 11 yr
B) 13 yr
C) 2 yr
D) 12 yr

Correct Answer:

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