# SOLUTION: Find the time required for a \$7000 investment to double at interest rate r = 0.075, compounded continuously. (Round to 2 decimal places.)

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 Click here to see ALL problems on Average Question 628985: Find the time required for a \$7000 investment to double at interest rate r = 0.075, compounded continuously. (Round to 2 decimal places.) Answer by Alan3354(30993)   (Show Source): You can put this solution on YOUR website!Find the time required for a \$7000 investment to double at interest rate r = 0.075, compounded continuously. (Round to 2 decimal places.) --------- 0.075t = ln(2) t = ln(2)/0.075 t =~ 9.24 periods