Mathematics, 24.02.2021 21:40 bear342
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Janie's bank pays 2.8% annual interest compounded continuously on her savings account. She invested $2000 in the account. Using the formula A=Pe^rt , determine how long it will take for her initial deposit to double in value. Assume that she makes no additional deposits and no withdrawals. Round your answer to the nearest quarter year.
about years
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