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OpenStudy (anonymous):
How long will it take for an investment of $3000 to double in value if the interest rate is 6.5% per year, compounded continuously? Please round your answer to two decimal places.
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OpenStudy (mertsj):
\[A=Pe ^{rt }\] \[6000=3000e ^{.065t}\]
OpenStudy (mertsj):
Can you solve that?
OpenStudy (anonymous):
no
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