How long, to the nearest hundredth of a year, would it take an initial principal P to

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How long, to the nearest hundredth of a year, would it take an initial principal P to double if it were invested at 2.5% compounded continuously?

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Intermediate Algebra

ISBN: 9780134895987

13th Edition

Authors: Margaret Lial, John Hornsby, Terry McGinnis

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Question Posted: Jun 12, 2023 08:22 AM

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How long, to the nearest hundredth of a year, would it take an initial principal P to

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Formula The formula for continuously compounded interest is given by the formula A ...View the full answer

Intermediate Algebra

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