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5. a. If money doubles at a certain rate of interest compounded continously in 5 years, how long will it take fo the same amount
5. a. If money doubles at a certain rate of interest compounded continously in 5 years, how long will it take fo the same amount of money to triple in value?
b. The force of interest is 10%. At what time should a single payment of $2500 be made so as to be equivalent to payments of $1000 in 1.25 years and $1500 in 6.5 years?
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