In how many years will the future value double

Reference no: EM131798481

Compound interest if $P is invested for n years at 10% compounded continuously, the rate at which the future value is growing is

dS/dn = 0.1Pe^0.1n

(a) What function describes the future value at the end of n years?

(b) In how many years will the future value double?

Reference no: EM131798481

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