An initial investment of $5000 doubles in value in 6.3 years.Assuming continuous compounding,what was the interest rate? Round to the nearest tenth of a percent.
A)11.0%
B)4.8%
C)5.5%
D)6.3%
E)100%

Name: An initial investment of $5000 doubles in value in 6.3 years.Assuming continuous compounding,what was the interest rate? Round to the nearest tenth of a percent. A)11.0% B)4.8% C)5.5% D)6.3% E)100%
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The Answer is A

An Initial Investment of $5000 Doubles in Value in 6