Question: nt Use the model A = Pe or A=P 1+ , where A is the future value of P dollars invested at interest rate r

nt Use the model A = Pe" or A=P 1+ , where A is the future value of P dollars invested at interest rate r compounded continuously or n times per year n for t years. If $ 14,000 is invested in an account earning 8% interest compounded continuously, determine how long it will take the money to triple. Round up to the nearest year. It will take approximately years. X 5

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