You invest your life savings into an account with continuously compounded interest, and you find that your money quadruples in 20 years. What's the interest rate? Give the exact answer.

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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You invest your life savings into an account with continuously compounded
interest, and you find that your money quadruples in 20 years. What's the
interest rate? Give the exact answer.
Transcribed Image Text:You invest your life savings into an account with continuously compounded interest, and you find that your money quadruples in 20 years. What's the interest rate? Give the exact answer.
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