How long would it take for an investment to at least double its original amount at 3.92% compounded semi-annually? years months Express your answer in years and months, rounded to the next month
How long would it take for an investment to at least double its original amount at 3.92% compounded semi-annually? years months Express your answer in years and months, rounded to the next month
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 10E
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How long would it take for an investment to at least double its original amount at 3.92% compounded semi-annually?
years
months
Express your answer in years and months, rounded to the next month
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