JJ invested USD12,000 in an account that gives an annual rate of return of 8% with...
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JJ invested USD12,000 in an account that gives an annual rate of return of 8% with continuous compounding. Calculate the time that it will take the initial deposit to triple itself. The result need not be integer. JJ invested USD12,000 in an account that gives an annual rate of return of 8% with continuous compounding. Calculate the time that it will take the initial deposit to triple itself. The result need not be integer.
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