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An initial investment grows at an annual interest rate of 5% compounded continuously. How long will it take to double the investment? A.) 1 year B.)13.86 C.)14.86 D.)13.40 E.)14…

An initial investment grows at an annual interest rate of 5% compounded continuously. How long will it take to double the investment? A.) 1 year B.)13.86 C.)14.86 D.)13.40 E.)14…
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An initial investment grows at an annual interest rate of 5% compounded continuously. How long will it take to double the investment?

A.) 1 year
B.)13.86
C.)14.86
D.)13.40
E.)14.40

User Matchingmoments
by
7.2k points

1 Answer

9 votes

Answer:

e, i think 14.40

Explanation:

User Mladen Milosavljevic
by
8.9k points
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