Use the compound interest formulas to solve Exercises 2325. What interest rate, to the nearest tenth of

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Use the compound interest formulas to solve Exercises 23–25.

What interest rate, to the nearest tenth of a percent, is required for an investment subject to continuous compounding to double in 10 years?

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College Algebra

ISBN: 9780134453262

7th Edition

Authors: Robert F Blitzer

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