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Find the time it takes for $8,700 to double when invested at an annual interest rate of 3%, compounded continuously.
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Find the time it takes for $8,700 to double when invested at an annual interest rate of 3%, compounded continuously.

User Keyboard Ninja
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1 Answer

3 votes

Answer:

261 years

Explanation:

8700 x 0.03 =261

User Bonhoffer
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