Question: Use the model A - Pe' or A-P( 1+ ) where A is the future value of P dollars invested at interest rate r

Use the model A - Pe"' or A-P( 1+ " )

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 for t years. $ 18,000 is invested at 5% interest compounded monthly. How long will it take for the investment to double? Round to the nearest tenth of a year

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