Question 1
Find the doubling time for an amount invested at a growth rate 6% per year compounded continuously.
◦ 4.2 years
◦ 11.6 years
◦ 7.4 years
◦ 10 years
Question 2
Find the tripling time for an amount invested at a growth rate 6% per year compounded continuously.
◦ 6.6 years
◦ 11.6 years
◦ 20 years
◦ 18.3 years