for this investment to grow to a If an investment of $50,000 is earning an interest rate of 13.50% compounded annually, it will take 6.0 years value of $106,891.99-assuming that no additional deposits or withdrawals are made during this time? Which of the following statements is true, assuming that no additional deposits or withdrawals are made? It takes 10.5 years for $500 to double if invested at an annual rate of 5%. It takes 14.2 years for $500 to double if invested at an annual rate of 5%