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How many years would it take an investment of $1000 to yeild $2000
[From: ][author: ][Date: 11-05-01][Hit: ]
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if an initial investment of $P is made at an annual interest rate of 5%, compounded continuously, after t years it will be worth A=Pe^(0.05t) dollars. how many years would it take an investment of $1000 to yeild $2000?
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14 years give or take
1
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