Question: ln2 The time, t, in years for an amount increasing at a rate of r (in decimal form) to double is given by t= m

ln2 The time, t, in years for an amount increasing at

a rate of r (in decimal form) to double is given by

ln2 The time, t, in years for an amount increasing at a rate of r (in decimal form) to double is given by t= m . This is called the doubling time. Find the doubling time to the nearest tenth for an investment at an interest rate of 6% = 0.06

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