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OpenStudy (anonymous):
How long will it take $1800 to triple if it is invested at 7% interest compounded continuously? (Express your answer to the nearest tenth.)
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OpenStudy (anonymous):
\[3=e^{.07t}\] is a start, then solve for t tripling time does not depend on what you start with so you can ignore that entirely
OpenStudy (anonymous):
solve via \[.07t=\ln(3)\] \[t=\frac{\ln(3)}{.07}\] then a calculator
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