an $ 100 How long will it take to double in value if for investment of...
How long will it take for an investment of $2000 to double in value if the interest rate is 8.5% per year, compounded continuously? (Round your answer to two decimal places.) yr (b) A 15-g sample of radioactive iodine decays in such a way that the mass remaining after t days is given by m(t) = 15e−0.077t, where m(t) is measured in grams. After how many days is there only 1 g remaining? (Round your answer to the nearest whole...
(a) How long will it take an investment to double in value of the Interest rate is 6% compounded continuously? (Round your answer to one decimal place.) 11.6 years (b) What if the interest is compounded annually? (Round your answer to one decimal place.) x years
How long does it take to double an investment of $20680 if the investment pays only simple interest at the rate of 10% per year? Enter your answer as: 1.23 Round your answer to 2 decimal places (Canvas will add 2 extra decimal places, but ignore those
How long will it take an investment of $5900 to double if the investment earns interest at the rate of 6% compounded continuously? Please round your answer to two decimal places. 9.80 yr 11.55 yr 13.86 yr 13.14 yr 9.90 yr
3-6 How long will it take for an investment to double at a 6% per year . (a) simple interest rate (b) compound interest rate Contributed by Hamed Kashani, Saeid Sadri, and Baabak Ashuri, Georgia Institute of Technology
To the closest year, how long will it take a $200 investment to double if it earns 7 percent interest? How long will it take if the investment ears 18 percent? (Note: use the Rule of 72).
[5 pts] How long will it take for an investment to double in value if it earns 10% compounded monthly? Round to 2 decimals.
How long does it take for an investment to double in value if it is invested at 10% compounded quarterly? Compounded continuously?
How long does it take for an investment to double in value if it is invested at 6% compounded quarterly? Compounded continuously? At 6% compounded quarterly, the investment doubles in about (Round to two decimal places as needed.) years.
How long will it take for a lump-sum investment to triple in value at an interest rate of 1.5% per six-months, compounded continuously? For the lump sum investment to triple in value at an interest rate of 1.5% per sx months compounded continuously, twill take time periods