Question:

Find the time it takes for $8,900 to double when invested at

Last updated: 8/14/2022

Find the time it takes for $8,900 to double when invested at

Find the time it takes for $8,900 to double when invested at an annual interest rate of 5.3%, compounded continuously. Give your answer to 2 decimal places. Find the time it takes for $195,800 to double when invested at an annual interest rate of 5.3%, compounded continuously. Give your answer to 2 decimal places.