Multiple Choice
The function D gives the time, in years, that it takes for an investment to double if interest is continuously compounded at r%. Write a sentence of interpretation for
A) At 8% interest compounded continuously, an investment will double its value in 7.2 years.
B) At 8% interest compounded continuously, an investment will triple its value in 7.2 years.
C) At 8% interest the investment will be same after 7.2 years.
D) At 7.2% interest compounded continuously, an investment will double its value in 8 years.
E) At 7.2% interest compounded continuously, an investment will triple its value in 8 years.
Correct Answer:

Verified
Correct Answer:
Verified
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