Mr. and mrs. mitchel are saving for their daugthers college education. they invest 10,000 in a account that pay 4.5% ineterest compounded countinyosly with the goal to have twice that amount in the account in ten years.
+37167 10000 e.045(10) = 15683.12 they will not make it to double 10 000 in 10 years
...they need more time or a higher interest rate to double thier initial investment
