Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

How long would it take for you to double your money from $9,000 to $20,000 if you will earn 12% interest? 5.2 years 6.2 years

image text in transcribed
How long would it take for you to double your money from $9,000 to $20,000 if you will earn 12% interest? 5.2 years 6.2 years 5 years 6 years

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Old Money New Woman How To Manage Your Money And Your Life

Authors: Byron Tully

1st Edition

1950118010, 978-1950118014

More Books

Students also viewed these Finance questions

Question

1 (x) = x 3/2 + -2x2 2 sec X

Answered: 1 week ago