megankate38 megankate38

01-03-2017
Mathematics

contestada

How long does it take for an investment to double in value if it is invested 8% per annum compounded monthly? Compounded continuously? It's number 29.

How long does it take for an investment to double in value if it is invested 8 per annum compounded monthly Compounded continuously Its number 29 class=

Respuesta :

Aliwohaish12 Aliwohaish12

01-03-2017

2p=p(1+0.08/12)^12t
T=[log(2)/log(1+0.08/12)]/12
T==8.7 years

Answer Link

Otras preguntas

3 Balance sheet items for Nadew Travel Service were as follows at Dec. 31, 2018. Accounts payable Br. 23,100 Land Br. 90,000 Accounts receivables 52,000 Notes p

Which prediction about the plot does this passage most support? caesar will turn over his power to the people. caesar will assassinate casca. caesar will die of

the width of a rectangular prism is 7cm, height is 5cm and length is 13 cm. find the volume

Which factor had the greatest influence on the location and growth of chicago, illinois?

Solve | 5+7= 17. 1 O A. x= 15 and x = -15 OB. x= -15 and x = -5 OC. x= -15 and x = 5 OD. x= 15 and x = -5

privacy principles need to be balanced against the ___ benefit that comes from the automated collection of private information. select 2 options.corporatepoliti

What is the answer for this question __ hundreds= 90 tens

What is the mean absolute deviation of 1,1,1,1,1,1,1,1,2,2,2,2,2,3,4,4,5,6

Which of the following did the Xiongnu adopt from the Chinese because of the Silk Road? Select all that apply A. Lifestyle B. Military Techniques C. Agricultu

One of the possible criteria of Schizophrenia is hallucinations. Select one: O True O False