If $4,500 is invested at an annual rate of 8% compounded continuously, the future value S at any time t (in years) is given by . How long does it take for the investment to double? Round your answer to one decimal place.
A) 8.7 years
B) 7.4 years
C) 8.6 years
D) 9.0 years
E) 11.7 years

Question

If $4,500 is invested at an annual rate of 8% compounded continuously, the future value S at any time t (in years) is given by  . How long does it take for the investment to double? Round your answer to one decimal place. ​
A) 8.7 years 
B) 7.4 years 
C) 8.6 years 
D) 9.0 years 
E) 11.7 years

Quizplus · Accepted Answer

The Answer of If $4,500 is invested at an annual rate of 8% compounded continuously, the future value S at any time t (in years) is given by  . How long does it take for the investment to double? Round your answer to one decimal place. ​
A) 8.7 years 
B) 7.4 years 
C) 8.6 years 
D) 9.0 years 
E) 11.7 years

If $4,500 Is Invested at an Annual Rate of 8