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HW1-4 (Session 3). You deposit an amount C on an account with annual interest rate r0. (a) Use logarithms to find the time in years
HW1-4 (Session 3). You deposit an amount C on an account with annual interest rate r0. (a) Use logarithms to find the time in years to double your capital as a function T of r. (b) Sketch a graph of T(r). (c) What interest rate do you need to double your capital in 10 years
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