Question: 1 Points] DETAILS WANEFMAC7 2.3.047. MY NOTES ASK YOUR TEACH Long-Term Investments This exercise is based on the following table, which lists interest rates on

 1 Points] DETAILS WANEFMAC7 2.3.047. MY NOTES ASK YOUR TEACH Long-Term

1 Points] DETAILS WANEFMAC7 2.3.047. MY NOTES ASK YOUR TEACH Long-Term Investments This exercise is based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 20 Country U.S. Japan Germany Australia Brazil Yield 2.5% 0.5% 1.0% 3.5% 4.2% If the interest on a long-term U.S. investment is compounded continuously, how long will it take the value of an investment to double? (Give the answer correct to two decimal places.) yr Need Help? Read It

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