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Mathematics 15 Online
OpenStudy (anonymous):

Help me please The amount of money in an account with continuously compounded interest is given by the formula A = Pert, where P is the principal, r is the annual interest rate, and t is the time in years. Calculate to the nearest tenth of a year how long it takes for an amount of money to double if interest is compounded continuously at 7.5%.

OpenStudy (anonymous):

I think this is 9.2 years? After rounding

OpenStudy (anonymous):

i beleive so as well

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