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

518,635 views

9 votes

Haysclark asked Jun 23, 2023

3.1k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

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

3.0k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers