ironman2081 ironman2081
  • 12-03-2024
  • Mathematics
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How many years will it take for an initial investment of $25,000 to grow to $80,000? Assume a rate of interest of 7% compounded continuously.
a) t = ln(80,00025,000)0.07
b) t = ln(25,00080,000)0.07
c) t = 0.07ln(80,00025,000)
d) t = 0.07ln(25,00080,000)

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