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Jaweria
 one year ago
Best ResponseYou've already chosen the best response.0How long will it take an investment to double in value if the interest rate is 6% compounded continuously?

SOSAlgebra6629
 one year ago
Best ResponseYou've already chosen the best response.0What is the original investment?

Jaweria
 one year ago
Best ResponseYou've already chosen the best response.0its just saying to double it which could be 100

Jaweria
 one year ago
Best ResponseYou've already chosen the best response.0so when we double it then it will be 200

Jaweria
 one year ago
Best ResponseYou've already chosen the best response.0the answer I am getting is 11.55 can someone check it for me please?

satellite73
 one year ago
Best ResponseYou've already chosen the best response.1\[(1.06)^t=2\] solve for \(t\)

satellite73
 one year ago
Best ResponseYou've already chosen the best response.1doesn't matter what you start with, doubling time is doubling time

satellite73
 one year ago
Best ResponseYou've already chosen the best response.1solve via \[t=\frac{\ln(2)}{\ln(1.06)}\]

satellite73
 one year ago
Best ResponseYou've already chosen the best response.1\[e^{.06t}=2\] \[.06t=\ln(2)\] \[t=\frac{\ln(2)}{.06}\]

satellite73
 one year ago
Best ResponseYou've already chosen the best response.1no one compounds money continuously. just saying

Jaweria
 one year ago
Best ResponseYou've already chosen the best response.0yeah so I am right too :) my answer is 11.55

Jaweria
 one year ago
Best ResponseYou've already chosen the best response.0can you please help me with some little bit more problems?

Jaweria
 one year ago
Best ResponseYou've already chosen the best response.0When a cold drink is taken from a refrigerator, its temperature is 5°C. After 25 minutes in a 20°C room its temperature has increased to 10°C. (a) What is the temperature of the drink after 50C minutes? (b) When will its temperature be 15°C?
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