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[2] The mathematical modeling of interest compounded amou count of money to be double if *% per year Annum Compounded proportional rate is then we need time is 0 + +- 2 In (1+r) Ln (2) Lh (1)+V 2n (2) /+V 2n (2) Ln(1+r) (n (2) 2m/+r

[2] The mathematical modeling of interest compounded amou count of money to be double if *% per year Annum Compounded proportional rate is then we need time is 0 + +- 2 In (1+r) Ln (2) Lh (1)+V 2n (2) /+V 2n (2) Ln(1+r) (n (2) 2m/+r

Intermediate Algebra
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Exponential And Logarithmic Functions
Section11.2: Applications Of Exponential Functions
Problem 29PS: What rate of interest to the nearest hundredth of percent is needed so that an investment of 2500...
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[] The mathematical modeling of interest compounded annually if given amount of money to be double if proportionat vate is *% per year Annum Compounded then we need time is 0 + + |+= 2 In (1+r) Ln (2) Lh (1)+V 2n (2) /+Y 2n (2) Ln(1+r) (n (2) 2m/+r
Transcribed Image Text:[] The mathematical modeling of interest compounded annually if given amount of money to be double if proportionat vate is *% per year Annum Compounded then we need time is 0 + + |+= 2 In (1+r) Ln (2) Lh (1)+V 2n (2) /+Y 2n (2) Ln(1+r) (n (2) 2m/+r
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