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(1 point) a) 1000 dollars is invested at an annual interest rate of r%, compounded yearly. At the end of 14 years, the investment is

(1 point) a) 1000 dollars is invested at an annual interest rate of r%, compounded yearly. At the end of 14 years, the investment is worth 2000 dollars. What was the the interest rate r?

r =%

b) 1000 dollars is invested at an annual interest rate of 8%, compounded continuously. When is the investment worth 2000 dollars?

time =

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