joserodriguez212004
10.10.2019 •
Mathematics
How long does it take for an investment to double in value if it is invested 8% per annum compounded monthly? compounded continuously? it's number 29.
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Ответ:
2=e^0.08t
Log(2)=0.08t*log(e)
0.08t=log(2)/log(e)
T=[log(2)/log(e)]/0.08
T==8.7 years
Ответ:
i hope i helped