Brianna377774 Brianna377774

19-11-2022
Mathematics

Answered

How long will it take for $3, 900 to double if it is invested at 8% annual interest compounded 2 times a year?
Enter in exact calculations or round to 3 decimal places.

It will take_years to double.

How long will it take if the interest is compounded continuously?

Compounded continuously, it would only take_ years.

Answer :

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