Determine the time necessary for P dollars to double when it is invested at interest rate r
Question:
(a) Annually,
(b) Monthly,
(c) Daily,
(d) Continuously.
r = 10%
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P 1000 r 01 A 2000 a n 1 1 01 t 2 11 t 2 ln11 t ln 2 t ln ...View the full answer
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