Solve the problem.How long will it take for an investment to double in value if it earns 5.75% compounded continuously? Round your answer to three decimal places.

A. 6.027 yr
B. 19.106 yr
C. 12.055 yr
D. 12.811 yr


Answer: C

Mathematics

You might also like to view...

Determine whether the number is divisible by 2, 3, 4, 5, 6, 7, 8, 9, and/or 10.14,694

A. 2, 3, 6 B. 3, 4, 6 C. 2, 3, 4 D. 4, 5, 6

Mathematics

Write a general term an for the sequence. Assume that n begins with 1., . . .

A. an = 
B. an = n + 3
C. an = 
D. an =  + 3

Mathematics

Multiply.7y(-3y2 - 8y + 7)

A. -21y3 - 56y2 + 49y B. -21y2 - 56y + 49 C. -21y3 - 8y + 7 D. -21y3 - 56y2 + 49

Mathematics

Evaluate the function as indicated.Find f(0) when f(x) = -13x - 18.

A. -31 B. -13 C. -18 D. 0

Mathematics