SOLUTION: with $1000 in your savings and the interest is compounded continuously how long will it take to double at 8% and also at 5% round to the nearest year. at 8% i think its nine years
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Question 286811: with $1000 in your savings and the interest is compounded continuously how long will it take to double at 8% and also at 5% round to the nearest year. at 8% i think its nine years and 5% i think its 15 years is this correct. thanks Answer by richwmiller(17219) (Show Source):
