If $P Is Invested for N Years at 6% Compounded

question 96

Multiple Choice

If $P is invested for n years at 6% compounded continuously, the rate at which the future value is growing is . In how many years will the future value double? Round your answer to one decimal place. ​

• A) 18.3 years
• B) 13.6 years
• C) 11.6 years
• D) 20.3 years
• E) 16.6 years

Evaluate the risk associated with technology investments in capital budgeting.

Understand the impact of the time value of money on capital budgeting decisions.

Recognize the importance of return on investment considerations in capital budgeting.

Understand the concepts of soft and hard capital rationing and their effects.

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