An Initial Investment of $9000 Grows at an Annual Interest

question 149

Multiple Choice

An initial investment of $9000 grows at an annual interest rate of 5% compounded continuously. How long will it take to double the investment?

• A)13.86 years
• B)14.86 years
• C)14.40 years
• D)13.40 years
• E)1 year

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Definitions:

Death Themes

Recurring motifs or ideas in literature, art, philosophy, and culture that explore the nature, meaning, or experiences of death.

Developmental Approach

A perspective in psychology and other social sciences that emphasizes how individuals grow and change throughout their lives, from infancy to old age.

Death Conceptualizations

Various cultural, religious, and personal views and beliefs about the nature of death and what if anything, lies beyond.

Limitations

Restrictions or constraints that limit what can be done or achieved.