$5500 Is Invested in an Account at Interest Rate R,compounded $r = 0.0540$

question 50

Multiple Choice

$5500 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. ) ​ $r = 0.0540$ ​

• A)13.84 yr
• B)10.84 yr
• C)12.84 yr
• D)11.84 yr
• E)14.84 yr

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