Math, asked by rahulkumar4027, 4 months ago

How long will it take for principal to double of money is worth 9 p.a. compounded continuously

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Answered by nehabhosale454

Answer:

The Rule of 72 indicates than an investment earning 9% per year compounded annually will double in 8 years. The rule also means if you want your money to double in 4 years, you need to find an investment that earns 18% per year compounded annually.

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How long will it take for principal to double of money is worth 9 p.a. compounded continuously ​

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How long will it take for principal to double of money is worth 9 p.a. compounded continuously