Solve the problem.Suppose that P0 is invested in a savings account in which interest is compounded continuously at 5.1% per year. That is, the balance P grows at the rate given by  Suppose that $8000 is invested. When will the investment double?

A. 13.6 years
B. 0.3 years
C. 20.4 years
D. 27.2 years


Answer: A

Mathematics

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