NO.PZ2016082402000003
问题如下:
Consider a savings account that pays an annual interest rate of 8%. Calculate the amount of time it would take to double your money. Round to the nearest year.
选项: 7
years
8 years
C.9 years
D.10 years
解释:
ANSWER: C
The time T relates the current and future values such that Taking logs of both sides, this gives
这是什么知识点啊?常规题吗这是