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The Time Required to Double the Amount of an Investment t=ln2rt = \frac { \ln 2 } { r }

Question 30

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The time required to double the amount of an investment at an interest rate r compounded continuously is given by t=ln2rt = \frac { \ln 2 } { r }
Find the time required to double an investment at 4%, 5%, and 6%.

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17.3 yr, 1...

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