Question: What is the difference between these three questions? And what formula can I use to get the solution? 9. 0/1 points V Previous Answers V

What is the difference between these three questions? And what formula can I use to get the solution?

9. 0/1 points V Previous Answers V TANAPCALC9 5.3.023. My Notes How long will it take an investment of $7000 to double if the investment earns interest at the rate of 3%/year compounded monthly? (Round your answer to one decimal place.) X yr Need Help? Read It Talk to a Tutor 10. -/1 points V TANAPCALC9 5.3.025. My Notes Find the interest rate needed for an investment of $8,000 to grow to $12,000 in 7 years if interest is compounded continuously. (Round your answer to the nearest hundredth of a percentage point.) % Need Help? Read It Talk to a Tutor Submit Answer 11 -/1 points V TANAPCALC9 5.3.028. My Notes How long will it take for an investment of $3,000 to double if the investment earns interest at the rate of 5%/year compounded continuously? (Round your answer to one decimal place.) yr Need Help? Read It Talk to a Tutor

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