You invest $2500 in an account at interest rate r, compounded continuously. Find the time required for the amount to double and

Question

You invest $2500 in an account at interest rate r, compounded continuously. Find the time required for the amount to double and triple. (Round your answers to two decimal places.)
r = 0.0485
(a) double
(b) triple

Kunduz · Accepted Answer

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