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A sum of $10,000 is invested at 8% per annum compounded continuously. (Round your answers to the nearest whole number.) (a) Estimate the doubling time.

A sum of $10,000 is invested at 8% per annum compounded continuously. (Round your answers to the nearest whole number.) (a) Estimate the doubling time. yr (b) Estimate the time required for the $10,000 to grow to $160,000. yr

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