An initial investment of $4000 grows at an annual interest rate of 5% compounded continuously. How long will it take to double the investment?

A. 1 year
B. 14.40 years
C. 13.86 years
D. 14.86 years
E. 13.40 years


Answer: C

Mathematics

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A.


B.


C.


D.


E.


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Write in decimal notation.

A. 0.06635 B. 66.35 C. 6.635 D. 0.6635

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Write the fraction in simplest form. Assume that all variable factors in the denominator are not equal to zero.

A.
B.
C.
D.

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State the dimensions of the matrix.

A. 3 × 1 B. 3, -6, -8 C. 1 × 3 D. 3

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