Find how many years it takes for money to quadruple when invested at an annual interest rate of 1.8% compounded continuously.

Haysclark asked Jun 23, 2023

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Haysclark asked Jun 23, 2023

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13 votes

Answer:

It takes 38.5 years for money to quadruple when invested at an annual interest rate of 1.8% compounded continuously.

Ziteng Chen answered Jun 27, 2023

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