F. An initial deposit placed into a crypto-account that accrues interest was compounded continuously.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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7. An initial deposit was placed into a crypto-account that accrues interest
compounded continuously.
B
If the value doubles in 72 months, How many years will it take for the initial
deposit placed to triple its value? *
O A. 114 years
О В. 11.4 уears
Ос. 95 years
O D. 9.5 years
Transcribed Image Text:7. An initial deposit was placed into a crypto-account that accrues interest compounded continuously. B If the value doubles in 72 months, How many years will it take for the initial deposit placed to triple its value? * O A. 114 years О В. 11.4 уears Ос. 95 years O D. 9.5 years
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