The initial amount does not matter.
You want e^0.048t = 2
t = ln2/0.048 = ?
$3,600 is invested in an account at an annual interest rate of 4.8% compounded
continuously. How long, to the nearest tenth of a year, will it take the investment to double in
size??
Any help would be appreciated.
4 answers
14.4
15 years
nah u suck mine