Kaisyn7344 Kaisyn7344

18-06-2017
Business

contestada

How long will it take for an investment to double in value if it earns 10.5% compounded continuously?

Respuesta :

Aliwohaish12 Aliwohaish12

19-06-2017

Hi there
The formula to double in value
2=e^(0.105×t)
Solve for t
T=(log(2)÷log(e))÷0.105
T=6.6 years

Good luck

Answer Link

Otras preguntas

what is heredity? i think its physics

can you simplify 6/60?

what will 53,000 rounded to the nearest ten thousand be how do I show my work on a number line

can you simplify 6/60?

What present day state was unsettled by Americans in 1850 and almost completely settled in 1890?

what technological advances made possible the age of exploration

If a plane departs at 7:44 P.M. and arrives at 11:15 P.M., what was the length of time for the flight?

Is the prime meridian at 0 degrees latitude 0 degrees longitude or 180 degrees latitude

the 24 students in Mr Lee's class will rent vans to go on a field trip. 6 students and 1 adult will ride in each van. how many vans are needed?

Malaysia's two geographical regions are separated by what body of water?