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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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