Solution-Investment in a continuously-compounding account

Investment in a continuously-compounding account

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Reference no: EM131164092

1.You want to make an investment in a continuously-compounding account over a period of three years. What interest rate is required for your investment to double in that time period? Round the logarithm value and the answer to the nearest tenth.

2. Find the 55th term of the sequence 12, 9, 6, 3, 0, ...

3. Evaluate log1,000,000

4. Evaluate log 1/1,000

Reference no: EM131164092

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Investment in a continuously-compounding account : 1.You want to make an investment in a continuously-compounding account over a period of three years. What interest rate is required for your investment to double in that time period? Round the logarithm value and the answer to the nearest tenth.

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Investment in a continuously-compounding account

Reference no: EM131164092

Reference no: EM131164092

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