How long in years) will it take money to double if it is invested at 6.5%...
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How long in years) will it take money to double if it is invested at 6.5% compounded continuously? (Round to 2 decimal places Question 11 Find the present value of a savings bond that grows to $50 in 10 y through 8% nomiral interest compounded monthly. (Round to the nearest cent) Question 12 How long (in vearst will it take an investment of $5000 to grow to $8000 it it is invested at 5% compounded continuously? (Round to one decimal place How long in years) will it take money to double if it is invested at 6.5% compounded continuously? (Round to 2 decimal places Question 11 Find the present value of a savings bond that grows to $50 in 10 y through 8% nomiral interest compounded monthly. (Round to the nearest cent) Question 12 How long (in vearst will it take an investment of $5000 to grow to $8000 it it is invested at 5% compounded continuously? (Round to one decimal place
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Answer rating: 100% (QA)
Compounding continuously PtP0 e rt PtMATURITY amount P0initial ... View the full answer
Related Book For
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
Posted Date:
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