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 term best describes the molecular geometry of ethylene, C₂H₄? (A) Linear (B) Planar (C) Pyramidal (D) Octahedral (E) Trigonal

A student is interested in whether students who study with music playing devote as much attention to their studies as do students who study under quiet conditio

Solve for X in y=12x-5

The model of the universe that suggests that the sun is the center of the universe was first brought by A. Brahe.B. Kepler.C. Ptolemy.D. Copernicus.Can also som

Find the 168th term of arithmetic sequence {a_{n}, n = 1, 2, 3, . . .} with common ifference d = 1.5 and first term a_{1} = 2.

Suppose that you hear a clap of thunder 16.2 s (seconds) after seeing the associated lightning stroke. The speed of sound waves in air is 343 m/s and the speed

Calculate the number of moles 9.00 g of H2O 88.0 g of CO2 1.70 g of NH3

which one of the following sentences contains a predicate adjective? A. I bought my lunch for the first tim this year. B. The teacher appeared angry when Dave

What are three examples of things that only apply to relative dating.

The atomic mass of an element is 32.07 u and its atomic number is 16. The element forms a simple ion. The ion will most likely have a charge of (A) 1– (B) 2–