. If the money is invested at a rate of 5% compounded continuously, when ill the amount triple?

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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V. If the money is invested at a rate of 5% compounded continuously, when
will the amount triple?
Transcribed Image Text:V. If the money is invested at a rate of 5% compounded continuously, when will the amount triple?
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