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# Solved: Suppose that a sum S0 is invested at an annual rate of return r compounded

ISBN: 9780470383346 394

## Solution for problem 7 Chapter 2.3

Elementary Differential Equations and Boundary Value Problems | 9th Edition

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Elementary Differential Equations and Boundary Value Problems | 9th Edition

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Problem 7

Suppose that a sum S0 is invested at an annual rate of return r compounded continuously. (a) Find the time T required for the original sum to double in value as a function of r. (b) Determine T if r = 7%. (c) Find the return rate that must be achieved if the initial investment is to double in 8 years.

Step-by-Step Solution:
Step 1 of 3

MATH121 Chhaaptter 44.2aa Lesson 4.2a – Linear and quadratic functions EXAMPLE 1. 2 t(x) = (x – 6) + 6 (First, find 2he vertex. Since this is in proper g(x) = a(x - h) + k form, use the values for h and k as your (x, y) vertex...

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##### ISBN: 9780470383346

Elementary Differential Equations and Boundary Value Problems was written by and is associated to the ISBN: 9780470383346. The answer to “Suppose that a sum S0 is invested at an annual rate of return r compounded continuously. (a) Find the time T required for the original sum to double in value as a function of r. (b) Determine T if r = 7%. (c) Find the return rate that must be achieved if the initial investment is to double in 8 years.” is broken down into a number of easy to follow steps, and 61 words. This textbook survival guide was created for the textbook: Elementary Differential Equations and Boundary Value Problems, edition: 9. The full step-by-step solution to problem: 7 from chapter: 2.3 was answered by , our top Math solution expert on 03/13/18, 08:22PM. This full solution covers the following key subjects: . This expansive textbook survival guide covers 75 chapters, and 1990 solutions. Since the solution to 7 from 2.3 chapter was answered, more than 243 students have viewed the full step-by-step answer.

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