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    Mathematics
  3. Study Set
    Applied Calculus
  4. Exam
    Exam 5: Exponential and Logarithmic Functions
  5. Question
    How Long Will It Take an Investment of $4,000 to Double
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How Long Will It Take an Investment of $4,000 to Double

Question 9

Question 9

Short Answer

How long will it take an investment of $4,000 to double if the investment earns interest at the rate of 7% compounded continuously? Round your answer to the nearest hundredth. How long will it take an investment of $4,000 to double if the investment earns interest at the rate of 7% compounded continuously? Round your answer to the nearest hundredth.   __________ year(s) __________ year(s)

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