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If an Account That Earns Interest Compounded Continuously Takes 9.59.5 Years to Double in Value, How Long Will It Take

Question 179

Multiple Choice

If an account that earns interest compounded continuously takes 9.59.5 years to double in value, how long will it take to triple? Round your answer to one decimal place, if necessary.


A) 14.3 years
B) 15.1 years
C) 19 years
D) 12.8 years

Correct Answer:

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