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Click here to access the Explore It in a new window. Suppose you invest $1 In an account that is compounded continuously and you wish

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Click here to access the Explore It in a new window. Suppose you invest $1 In an account that is compounded continuously and you wish to double your money. (a) How many years will it take for the money to double when the interest rate is 1%? (Enter your answer to the nearest hundredth of a year.) yrs (b) How many years will it take for the money to double when the Interest rate is 2%? (Enter your answer to the nearest hundredth of a year.) yrs (c) How many years will it take for the money to double when the Interest rate Is 4%9 (Enter your answer to the nearest hundredth of a year.) yrs (d) How many years will it take for the money to double again (that is, for the initial Investment of $1 to be worth $4) when the Interest rate is 4%? (Enter your answer to the nearest hundredth of a year.) yrs (e) How many years will it take for the money to double yet again (that is, for the Initial investment of $1 to be worth $8) when the interest rate is 4%? (Enter your answer to the nearest hundredth of a year.) yrs For the

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