< > Order 7463902 - EssayService.... Unit 6B Test 14 points possible 0/14 answered Question 4 Use A = P(1 + ")" nt r where: myopenmath.com Homework Help - Q&A from On... Apple Bing Google Yahoo My Apps Dashboard | Columbu... College 2024 Content > n A = the amortized amount (total loan/investment amount over the life of the loan/investment) P = the initial amount of the loan/investment r = the annual rate of interest n = the number of times interest is compounded each year t = the time in years Find how long it takes $1,600.00 to double if it is invested at 2% compounded quarterly. It will take years. (Round answer to 3 decimal places.) > Next Question + Mathway | Algebra Problem Sol... M MyOpenMath 1hr29mins X Progress saved Submit and End 1 pt 1 Details