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11 September, 17:21

If the interest earned by a cd os compounded annually which rule is most accurate when calculating how long it will take the money invested in the cd to double

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  1. 11 September, 20:57
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    F=Ar^t

    F/A=r^t we know that F/A=2 so

    2=r^t

    ln2=t (lnr)

    t = (ln2) / (lnr)
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