How Long Will It Take an Investment of $7,000 to Double

question 255

Multiple Choice

How long will it take an investment of $7,000 to double if the investment earns interest at the rate of 7% compounded continuously? Round your answer to two decimal places.

• A) year(s)
• B) year(s)
• C) year(s)
• D) year(s)
• E) year(s)

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