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10 votes
10 votes
An Investment earning interest at the rate of 10%, compounded continuously, will double in tyears. Find .Use the formula P = Poet, where Pt is the amount after tyears, Po is the initial amount, ris the rate of Interest, and is the time.

User Leshaun
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1 Answer

23 votes
23 votes

Given r=10%,

Since principal P doubles in t years , amount after t years, Pt=2P


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User Jon Snyder
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