Future value You have $200 to invest. If you can earn 14% interest, about how long does it take for your $200 investment to grow to $400? Suppose the interest rate is just half that, at 7%. At half the interest rate, does it take exactly twice as long to double your money? Why or why not? How long does it take? If the annual interest rate is 14%, the number of years it takes to double your money is yea D years. (Round to two decimal places.)

Future value You have $200 to imvest. If you can eam 14% interest, about how long does it take for your $200 investment to grow is $400?. Suppose the interest rale is just half that, at 7%. At half the interest rate, does it take axacty twice as long to double your money? Why or why not? How long does it take? If the annual interest rate is 14%, the number of years it takes to doubio your meney is Dyears. (Round to two decimal places)