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(a) How long will it take an investment to double in value if the interest rate is 4% compounded continuously? (Round your answer to two
(a) How long will it take an investment to double in value if the interest rate is 4% compounded continuously? (Round your answer to two decimal places.) _______ yr (b) What is the equivalent annual interest rate? (Round your answer to two decimal places.) _______ %
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Elementary Statisitcs
Authors: Barry Monk
2nd edition
1259345297, 978-0077836351, 77836359, 978-1259295911, 1259295915, 978-1259292484, 1259292487, 978-1259345296
