Mathematics, 25.02.2020 21:48 kiyomi58

Solve.
Assume the cost of a car is $31,000. With continuous compounding in effect, find the
number of years it would take to double the cost of the car at an annual inflation rate of
8.7%. Round the answer to the nearest hundredth.
o 7.97
118.87
01.19
126.84
D
Question 15
5.5 pts

Answers: 3

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Solve.
Assume the cost of a car is $31,000. With continuous compounding in effect, find the