wwwuvEE &T How long does it take for an investment to double in value if it is invested at 19% compounded monthly? Compounded continuously? ..... At 19% compounded monthly, the investment doubles in about (Round to two decimal places as needed.) years. At 19% compounded continuously, the investment doubles in about (Round to two decimal places as needed.) years.
wwwuvEE &T How long does it take for an investment to double in value if it is invested at 19% compounded monthly? Compounded continuously? ..... At 19% compounded monthly, the investment doubles in about (Round to two decimal places as needed.) years. At 19% compounded continuously, the investment doubles in about (Round to two decimal places as needed.) years.
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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![How long does it take for an investment to double in value if it is invested at 19% compounded monthly? Compounded continuously?
At 19% compounded monthly, the investment doubles in about
(Round to two decimal places as needed.)
years.
At 19% compounded continuously, the investment doubles in about
(Round to two decimal places as needed.)
years.
Enter your answer in each of the answer boxes.
MacBook Air
80
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%23
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Transcribed Image Text:How long does it take for an investment to double in value if it is invested at 19% compounded monthly? Compounded continuously?
At 19% compounded monthly, the investment doubles in about
(Round to two decimal places as needed.)
years.
At 19% compounded continuously, the investment doubles in about
(Round to two decimal places as needed.)
years.
Enter your answer in each of the answer boxes.
MacBook Air
80
esc
F5
F6
F7
F1
F2
F3
F4
TA
%23
3
4.
6.
T.
S
D
G H
78
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