$4500 Is Invested in an Account at Interest Rate R,compounded $r = 0.0315$

question 9

Multiple Choice

$4500 is invested in an account at interest rate r,compounded continuously.Find the time required for the amount to triple.(Approximate the result to two decimal places. ) ​ $r = 0.0315$ ​

• A)21.00 yr
• B)20.00 yr
• C)34.88 yr
• D)24.00 yr
• E)23.00 yr