document.write( "Question 1153381: How long does it take for an investment to double in value if it is invested at 4% compounded quarterly question mark Compounded continuously? \n" ); document.write( "
Algebra.Com's Answer #775820 by ikleyn(52781)![]() ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "For the quarterly compounding, the answer MUST BE ROUNDED to the closest larger integer number of quarters (!)\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "It gives the correct answer 17 and half of a year (17.5 years) in this case.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |