$2500 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.)
A)13.55 yr
B)10.55 yr
C)12.55 yr
D)9.55 yr
E)11.55 yr

Question

$2500 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.) ​  ​
A)13.55 yr 
B)10.55 yr 
C)12.55 yr 
D)9.55 yr 
E)11.55 yr

Quizplus · Accepted Answer

The Answer of $2500 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.) ​  ​
A)13.55 yr 
B)10.55 yr 
C)12.55 yr 
D)9.55 yr 
E)11.55 yr

$2500 Is Invested in an Account at Interest Rate R