Question: How many years will it take to double the debt of a loan whose annual rate is 7.7% with continuous compounding? In this question you

How many years will it take to double the debt of a loan whose annual rate is 7.7% with continuous compounding?

In this question you will need to solve for t in FV = PVert. Start by dividing both sides by PV. Then use logarithms to "bring down" the exponent.

Round your answer to the nearest tenth of a year.

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