How long will it take for an investment to fivefold its amount if money is worth 14% compounded continuously? 12 13 14 O 1
How long will it take for an investment to fivefold its amount if money is worth 14% compounded continuously? 12 13 14 O 1
Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
5th Edition
ISBN:9781305084766
Author:Saeed Moaveni
Publisher:Saeed Moaveni
Chapter20: Engineering Economics
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:How long will it take for an investment to fivefold its amount if money is worth
14% compounded continuously?
12
13
14
O 1
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