SOLUTION: suppose you deposit money in an investment account that pays 7% annual interest compounded continuously. about how many years will it take for your initial deposit to double?
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Question 609532: suppose you deposit money in an investment account that pays 7% annual interest compounded continuously. about how many years will it take for your initial deposit to double?
Answer by scott8148(6628) (Show Source): You can put this solution on YOUR website!
2 = e^(.07t)
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