Exercises 121 O and 122 O: For the given annual interest rate r,estimate the time for P dollars to double.121. P = $1000, r = 8.5% compounded quarterly

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Answered: Exercises 121 O and 122 O: For the…

Algebra and Trigonometry (MindTap Course List)

4th Edition

ISBN:9781305071742

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter4: Exponential And Logarithmic Functions

Section4.CR: Chapter Review

Problem 95E

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Exercises 121 O and 122 O: For the given annual interest rate r, estimate the time for P dollars to double. 121. P = $1000, r = 8.5% compounded quarterly