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OpenStudy (anonymous):
State a rule that could be use to approximate the amout of time t needed to triple the amount of money in a savings account paying r percent interest compounded continuously.
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OpenStudy (amistre64):
this one?
OpenStudy (amistre64):
A*e^(rt) = 3A e^(rt) = 3 t = ln(3)/r
OpenStudy (anonymous):
ty
OpenStudy (anonymous):
yes
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