document.write( "Question 1153394: How long does it take for an investment to double in value if it is invested at 16% compounded monthly question mark Compounded continuously? \n" ); document.write( "

Algebra.Com's Answer #775669 by MathTherapy(10555) $\"\"$ $\"About$

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How long does it take for an investment to double in value if it is invested at 16% compounded monthly question mark Compounded continuously?
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MONTHLY:\r\n" );
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document.write( " ----- Converting to LOGARITHMIC  form\r\n" );
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document.write( "She's WRONG, AGAIN!!\r\n" );
document.write( "The RULE of 72 ALSO demonstrates that it should be about 4.5 years!\r\n" );
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document.write( "CONTINUOUSLY:\r\n" );
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document.write( " ----- Converting to LOGARITHMIC (Natural) form\r\n" );
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document.write( "There it is!!! THAT'S ALL!! \r\n" );
document.write( "These people are writing complex \"NOVELS,\" and still end up with a WRONG answer. Don't they know anything about mathematics? Most likely NOT! \r\n" );
document.write( "How can doubling take over 34.6 years, compounded MONTHLY - according to someone who doesn't seem to have a clue - but takes 4.33 years when compounded continuously?\r\n" );
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