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

Which statement best describes President Johnson’s plan for Reconstruction? Johnson’s plan pardoned most Southern whites and did not protect the rights of freed

How can photosynthesis be related to cellular respiration? They both have the same reactants (need the same things). What's produced (made) by one is needed (th

Who Knows The Answer ?

Do bonds reduce the overall risk of an investment portfolio? Let x be a random variable representing annual percent return for the Vanguard Total Stock Index (a

Glitches like this one were the reason Einstein worked so hard at coming up with a new explanation. He wanted to account for everything. His ideas about curving

Solving for x and y

Nina skated for 2 hour 14 mins she stopped at 8:24 what time did she start skating

Which of the following is a complex sentence?The government will not take action, and some citizens disagree.Though the government will not take action, some ci

Farhenheit 451: Compare and contrast Clarisse and Mildred with respect to how they each choose to spend their time and how they relate to Montag.

is a herd of bison, a community, ecosystem, habitat or population?