The Time Required to Double the Amount of an Investment $$t = \frac { \ln 2 } {r }$$

question 67

Short Answer

The time required to double the amount of an investment at an interest rate r compounded continuously is given by $$t = \frac { \ln 2 } {r }$$ Find the time required to double an investment at 2%, 3%, and 4%.

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Definitions:

Current Liabilities

Short-term financial obligations due within one year or less, which a company needs to pay with its current assets.

Long-Term Creditors

Entities or individuals to whom a company owes money, with the obligation for repayment extending beyond one year.

Debt To Total Assets Ratio

A financial metric indicating the proportion of a company's total assets that are financed by debt.