Solved: Euler bank advertises that it com- pounds interest, Mathematics

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Euler bank advertises that it com- pounds interest

1. Annual interest rate. Euler Bank advertises that it com- pounds interest continuously and that it will double your money in 15 yr. What is its annual interest rate?

2. Oil demand. The growth rate of the demand for oil in the United States is 10% per year. When will the demand be double that of 2006?

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Mathematics: Euler bank advertises that it com- pounds interest

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Mathematics: Euler bank advertises that it com- pounds interest

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