Ask Question
18 January, 11:17

How long will it take an investment to double in value if the interest rate is 10% compounded continuously? (round your answer to two decimal places.) ?

+3
Answers (1)
  1. 18 January, 11:50
    0
    Assumed

    PW as 100

    FW as twice PW as 200

    answer is 7.27254 years

    manually take the log of both sides and solve for n
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How long will it take an investment to double in value if the interest rate is 10% compounded continuously? (round your answer to two ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers