SOLUTION: The compound amount with continuous compounding is given by A = P e^rt , where P is the principal, r the rate, and t the time in years. If the rate is 10%, find how long it takes f

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Question 138538: The compound amount with continuous compounding is given by A = P e^rt , where P is the principal, r the rate, and t the time in years. If the rate is 10%, find how long it takes for the money to double, that is for A = 2P. (ln 2 = 0.69315)
Answer by vleith(2983)   (Show Source): You can put this solution on YOUR website!
Given: r=0.1 How long to double??






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