If interest is compounded continuously with an interest rate i, a bank account will double in t
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If interest is compounded continuously with an interest rate i, a bank account will double in t years according to i = (ln 2)/t. Find i if the account is to double in 25 years.
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Related Book For
Basic Technical Mathematics
ISBN: 9780137529896
12th Edition
Authors: Allyn J. Washington, Richard Evans
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