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Mathematics, 07.03.2020 01:22 LilDicky

Suppose that a sum S0 is invested at an annual rate of return r compounded continuously. (a) Find the time T required for the original sum to double in value as a function of r. (b) Determine T if r = 7%. (c) Find the return rate that must be achieved if the initial investment is to double in 8 years. Please explain!

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Suppose that a sum S0 is invested at an annual rate of return r compounded continuously. (a) Find th...
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