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Suppose we have an investment that earns interest compounded continuously and it takes 12 years for...

Suppose we have an investment that earns interest compounded continuously and it takes 12 years for an initial investment of 20,000 to grow to 80,000 under this investment. How long does it take for the same initial investment of 20,000 to grow to 60,000?

Math   Precalculus   
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Answer #1

The answer is 9.51 years

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