Mathematics, 18.03.2021 03:00 ReaLily
Determine how long it will take for a principal amount of $13,000 to double its initial value when deposited into an account paying interest at a rate of 21.4 percent, continuously compounded.
A.
3.24 years
B.
5.32 years
C.
8.02 years
D.
10.78 years
Answers: 1
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