Question: help!> . . . . . . . For a sum of money deposited into an account paying r% compounded annually, the doubling time is

help!> . . . . . . .

help!> . . . . . . . For a sum of

For a sum of money deposited into an account paying r% compounded annually, the doubling time is given by 1112 =ln(1+) T Find and interpret 2: when r = 7

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