document.write( "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.)
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Algebra.Com's Answer #395985 by Alan3354(69443)![]() ![]() 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.) \n" ); document.write( "--------- \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "0.075t = ln(2) \n" ); document.write( "t = ln(2)/0.075 \n" ); document.write( "t =~ 9.24 periods \n" ); document.write( " |