Asked by Edgar
How long does it take to double an investment of $5000 at 9% per year if the account compounds continuously?
Answers
Answered by
Steve
e^(.09t) = 2
now solve for t years
now solve for t years
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.