SOLUTION: suppose that $7000 s invested at n investment rate of 5.2% per year, compounded continuously. What is the doubling time?

Algebra.Com
Question 852722: suppose that $7000 s invested at n investment rate of 5.2% per year, compounded continuously. What is the doubling time?
Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!


ln(2)/.052 = t

RELATED QUESTIONS

Suppose that ​$ 6000is invested at an interest rate of 5.8​% per​ year, (answered by addingup,ikleyn,MathTherapy)
Suppose that $11,000 is investted at an interest rate of 5.9% per year, compounded... (answered by stanbon)
Solve the problem. Suppose that $7000 is invested in an account where interest is... (answered by stanbon)
suppose that $14018 is invested at an interest rate of 6.3% per year, compounded... (answered by Theo)
Hello, I am having difficulty with this world problem. Would someone please help me to... (answered by Fombitz)
Suppose that $7000 is invested at an interest rate of 5.8% per year, compounded... (answered by jirehcwe)
Suppose that 2000.00 is invested at a rate of 6% per year compounded continuously. What... (answered by bucky)
Suppose that $2000 is invested at a rate of 6% per year compounded continuously. What is... (answered by checkley71)
Suppose that $1300 is invested at an interest rate of 4.5% per year, compounded... (answered by lwsshak3)