Problem 2. How many years would it take your money to double: (a) At 10% interest compounded yearly. (b) At 10% interest compounded weekly. years and weeks. years. (c) At 10% interest compounded continuously. years.

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter10: Exponential And Logarithmic Functions
Section10.2: Applications Of Exponential Functions
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Problem 2.
How many years would it take your money
to double:
(a) At 10% interest compounded yearly.
(b) At 10% interest compounded weekly.
years and
weeks.
years.
(c) At 10% interest compounded continuously.
years.
Transcribed Image Text:Problem 2. How many years would it take your money to double: (a) At 10% interest compounded yearly. (b) At 10% interest compounded weekly. years and weeks. years. (c) At 10% interest compounded continuously. years.
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