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OpenStudy (anonymous):
An investment is made at 7% annual interest compounded continuously. How long will it take to triple the investment?
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OpenStudy (anonymous):
is it this one?
OpenStudy (anonymous):
\[e^{.07t}=3\] \[.07t=\ln(3)\] \[t=\frac{\ln(3)}{.07}\]
OpenStudy (anonymous):
what about if the investment was compounded monthly?
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