Ask Question
7 August, 10:46

How long will it take an investment to double in value if the interest rate is 10% compounded continuously? (round your answer to two decimal places.) ?

+3
Answers (1)
  1. 7 August, 10:59
    0
    Assumed

    PW as 100

    FW as twice PW as 200

    answer is 7.27254 years

    manually take the log of both sides and solve for n
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “How long will it take an investment to double in value if the interest rate is 10% compounded continuously? (round your answer to two ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers