So my imaginary buddy mike invested 5000 bucks at 9% interest rate compounded monthly. How many years will it take for my man Mike to double his cash? I got ~8 years. Now for the one i don' t know at all..
So my bro sal invested 5000 dollars at a 5% rate compounded continuously (that's the bit that gets me). How long will it take for -him- to double his cash monies

Question

So my imaginary buddy mike invested  5000 bucks at 9% interest rate compounded monthly. How many years will it take for my man Mike to double his cash? I got  ~8 years. Now for the one i don' t know at all..
So my bro sal invested 5000 dollars at a 5% rate compounded continuously (that's the bit that gets me). How long will it take for -him- to double his cash monies

anonymous · Answer

Hi Ziferot, have you learned how to use e for continuous compounding?

anonymous · Answer

don't worry about this question, i just need to test button bump

anonymous · Answer

hi!)))

anonymous · Answer

what is that?

anonymous · Answer

what is button "bump"??

wolf1728 · Answer

so do you really want help concerning continuously compounded interest?

anonymous · Answer

yes, what is that?

anonymous · Answer

@wolf1728  my English is bad, thats why i don't understand u)))

anonymous · Answer

what do you mean by "i just need to test button bump"