Suppose Matt has invested in a mutual fund that is compounded annually at 14.51%. How long will it take the money invested to double? (Round up to the nearest year)
Suppose Matt has invested in a mutual fund that is compounded annually at 14.51%. How long will it take the money invested to double? (Round up to the nearest year)
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 68SE: An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000...
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