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April 24, 2014

Homework Help: math(Please please help!!!)

Posted by Hannah on Monday, February 8, 2010 at 4:36pm.

1) initial investment = $600
annual % rate = ?
time to double = ?
amount after 10 years = $19,205.00

19,205 = 600e^(10r)

I do not know how to solve for r of find the time to double.

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