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You deposit 5000 into an account that earns 4.3% annual interest compounded continuously. How long will it take for your investment to double? Round answer to the nearest hundredth.
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Dec 9, 2022
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You deposit 5000 into an account that earns 4.3% annual interest compounded continuously. How long will it take for your investment to double? Round answer to the nearest hundredth.
Mathematics
college
Ankit Acharya
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Answer:
it would take 215 dollars a year so it would take 23.3 years
Yurii
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Dec 14, 2022
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Yurii
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