You are investing P dollars at an annual interest rate of r, compounded continuously, for t years.
Question:
Which change below results in the highest value of the investment? Explain.
(a) Double the amount you invest.
(b) Double your interest rate.
(c) Double the number of years.
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A Pe rt a A 2Pe rt 2Pe rt This doubles your money b A Pe 2rt Pe rt e rt e rt P...View the full answer
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