[All Steps] Suppose we have an investment of $10,000 that is earning 11.5% interest compounded continuously. How long would it take to double the initial
Question: Suppose we have an investment of $10,000 that is earning 11.5% interest compounded continuously.
- How long would it take to double the initial investment?
- How long would it take to triple the. initial investment?
- What would he. the answers to parts (a) and (b) if you 1: initial investment were $20,000?
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