SOLUTION: How quickly will money double if it is invested at an annual interest rate of 6% compounded continuously?

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Question 635520: How quickly will money double if it is invested at an annual interest rate of 6% compounded continuously?
Answer by solver91311(24713) About Me  (Show Source):
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Continuous compounding:



The investment is doubled when



So:



Solve for









Or, in general, an investment will multiply times if continuously compounded at an interest rate of in:

years

John

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