If an Investment Doubles in 5 Years Continuously Compounded, How

question 39

Multiple Choice

If an investment doubles in 5 years continuously compounded, how long will it take for the investment to triple?

• A) 7.93 years
• B) 7 years
• C) 10 years
• D) 7.5 years

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Definitions:

Secure Attachments

Emotional bonds characterized by a sense of safety, security, and trust, typically observed between caregivers and young children.

Full-Time Day Care

Child care service provided during daytime hours, typically for children of working parents, on a full-time basis.

Hostility

An emotion or behavior that is aggressive, unfriendly, or antagonistic towards others.

Autonomy Versus Shame

A stage in Erik Erikson's theory of developmental psychology focusing on toddlers developing independence and self-control, contrasting with feelings of shame and doubt.