How long will it take for a lump-sum investment to double in value at an interest rate

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How long will it take for a lump-sum investment to double in value at an interest rate of 1.5% per month, compounded continuously? Solve by

(a) Formula

(b) Spreadsheet function.

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Dec 24, 2018 08:21 AM

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How long will it take for a lump-sum investment to double in value at an interest rate

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a i e 0015 1 151 per month 2P P1 ...View the full answer

Engineering Economy

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