For some of money to double itself in 5 years, what must be the rate of interest converted bimonthly? Solution:

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.40TI: Susana invested a principal of $36,000 in her bank account with interest rate 6.5%. How much...
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this is a compound interest problem. do this typewritten, please. I will upvote. thank you. no upvote for handwritten

1 For some of money to double itself in 5 years, what must be the rate of
interest converted bimonthly?
Solution:
3
Transcribed Image Text:1 For some of money to double itself in 5 years, what must be the rate of interest converted bimonthly? Solution: 3
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