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You invested $10,000 for one year at an annual rate with continuous compounding. At the end of the year you received $12,500. Calculate the annual rate of return with continuous compounding associated with this investment.

Using the annual rate that you have calculate, how long, in years, will it take for you to triple your initial investment. Year fraction is allowed.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92693888

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