The time t (in years) required for an investment to double with interest compounded continuously depends on the interest rater In 2 according to the function t (r) = (a) If an interest rate of 4.5% is secured, determine the length of time needed for an initial investment to double. Round to 1 decimal place. (b) Evaluate (0.03), 1(0.06), and 1 (0.08). Round to1 decimal place. Dart: 0 3

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ChapterP: Prerequisites: Fundamental Concepts Of Algebra
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I am not sure how to do part A or B. Please help!!
manve
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ТОРНАТ
The time t (in years) required for an investment to double with interest compounded continuously depends on the interest rate r
In 2
according to the function t (r) =
(a) If an interest rate of 4.5% is secured, determine the length of time needed for an initial investment to double. Round to 1
decimal place.
(b) Evaluate t (0.03), 1 (0.06), and t (0.08). Round to 1 decimal place.
Part: 0/ 2
Part 1 of 2
(a) If an interest rate of 4.5% is secured, an initial investment will double in approximely
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Transcribed Image Text:manve O Mon May 3 10: File Edit History Bookmarks Profiles Tab Window Help View E McGraw-Hill Connect Math S Launch Meeting - Zoom M Easy kitchen & bath updates + X New Tab McGraw Hill Campus - SimNet x A www-awn.connectmath.com/alekscgi/x/lsl.exe/1o_u-lgNslkr7j8P3jH-IJjWx3Nogs0aY1SwiECilOElwgalM614dkqJitwPc1GXNyNly8HgKDkQMkv5LCe2tjOEBurzcUm2VM9r9DBT. C My Orders | Cheg... Salisbury | Univer. E McGraw-Hill Conn. O Other Book aryland UI Benef.. Mind Tap - Cengag. M Gmail O YouTube A Maps ТОРНАТ The time t (in years) required for an investment to double with interest compounded continuously depends on the interest rate r In 2 according to the function t (r) = (a) If an interest rate of 4.5% is secured, determine the length of time needed for an initial investment to double. Round to 1 decimal place. (b) Evaluate t (0.03), 1 (0.06), and t (0.08). Round to 1 decimal place. Part: 0/ 2 Part 1 of 2 (a) If an interest rate of 4.5% is secured, an initial investment will double in approximely уг. Submit Assignment Save For Later Skip Part Check Answer O 2021 McGraw-Hill Education. All Rights Reserved. Terms of Use I Privacy MAY dtv MacBook Air DD 80 888 F10 F11 F12 F6 F7 FB F9 F2 F3 F4 F5 F1 * ! @ #3 $ & 1 2 4 6 7 8 9 dele } { [ Q W E R Y U P A S D F J K L 国 .. .. 器:
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