$2500 Is Invested in an Account at Interest Rate R $r = 0.06$

question 83

Multiple Choice

$2500 is invested in an account at interest rate r, compounded continuously.Find the time required for the amount to double.(Approximate the result to two decimal places.) $r = 0.06$

• A)13.55 yr
• B)10.55 yr
• C)12.55 yr
• D)9.55 yr
• E)11.55 yr

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