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1. Determine the time necessary for P dollars to double when it is invested at interest rate / compounded annually, monthly, daily, and continuously. (Round

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Determine the time necessary for P dollars to double when it is invested at interest rate / compounded annually, monthly, daily, and continuously. (Round your answers to two decimal places.) r = 1.9% (a) annually yr (b) monthly yr (c) daily yr (d) continuously yrFind the critical value to for the confidence level c = 0.90 and sample size n = 12. Click the icon to view the t-distribution table. t-Distribution Table to =(Round to the nearest thousandth as needed.) Level of confidence, c 0.80 0.90 0.95 0.98 0.99 One tail, or 0.10 0.05 0.025 0.01 0.005 d.f Two tails, a 0.20 0.10 0.05 0.02 0.01 d.f. 3.078 6.314 12.706 31.821 63.657 2 1.886 2.920 4.303 6.965 9.925 1.638 2.353 3.182 4.541 5.841 1.533 2.132 2.776 3.747 4.604 5 1.476 2.015 2.571 3.365 4.032 1.440 1.943 2.447 3.143 3.707 1.415 1.895 2.365 2.998 3.499 8 1.397 1.860 2.306 2.896 3.355 9 1.383 1.833 2.262 2.821 3.250 10 1.372 1.812 2.228 2.764 3.169 10 11 1.363 1.796 2.201 2.718 3.106 11 12 1.356 1.782 2.179 2.681 3.055 12 13 1.350 1.771 2.160 2.650 3.012 13 14 1.345 1.761 2.145 2.624 2.977 14 15 1.341 1.753 2.131 2.602 2.947 15 16 1.337 1.746 2.120 2.583 2.921 16 17 1.333 1.740 2.110 2.567 2.898 17 18 1.330 1.734 2.101 2.552 2.878 18 19 1.328 1.729 2.093 2.539 2.861 19 20 1.325 1.725 2.086 2.528 2.845 20 21 1.323 1.721 2.080 2.518 2.831 21 22 1.321 1.717 2.074 2.508 2.819 22 23 1.319 1.714 2.069 2.500 2.807 23 24 1.318 1.711 2.064 2.492 2.797 24 25 1.316 1.708 2.060 2.485 2.787 25 26 1.315 1.706 2.056 2.479 2.779 26 27 1.314 2.052 2.473 2.771 27 28 1.313 1.701 2.048 2.467 2.763 28 29 1.311 1.699 2.045 2.462 2.756 29 30 1.310 1.697 2.042 2.457 2.750 30 31 1.309 1.696 2.040 2.453 2.744 31 32 1.309 1.694 2.037 2.449 2.738 32 33 1.308 1.692 2.035 2.445 2.733 33 34 1.307 1.691 2.032 2.441 2.728 34 35 1.306 1.690 2.030 2.438 2.724 35 36 1.306 1.688 2.028 2.434 2.719 36 37 1.305 1.687 2.026 2.431 2.715 37 38 1.304 1.686 2.024 2.429 2.712 38

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