Question: Use the model A Pe or A-P for t years. nt where A is the future value of P dollars invested at interest rate

Use the model A Pe" or A-P for t years. nt where

Use the model A Pe" or A-P for t years. nt where A is the future value of P dollars invested at interest rate / compounded continuously or n times per year $15,000 is invested at 4.5% interest compounded monthly. How long will it take for the investment to double? Round to the nearest tenth of a year. It will take approximately years for the investment to double. X

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