Find the time required for a $1,000 investment to triple when the interest rate, r, equals 0.085, co
Question: Find the time required for a $1,000 investment to triple when the interest rate, r, equals 0.085, compounding continuously. Show a typical graph of the function.
Formula for continuous compounding: A = P ert = P e^rt (e is raised to rt)
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Solution: The solution consists of 1 page
Deliverables: Word Document
Deliverables: Word Document
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