
Lenny D. answered 07/21/19
Tutor
4.8
(563)
Former professor of economics at Tufts University
It compounds at (1+5%) or 1.05 so ln(1.05) is correct
Lenny D. answered 07/21/19
Former professor of economics at Tufts University
It compounds at (1+5%) or 1.05 so ln(1.05) is correct
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