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PL Homework: Chapter 5 Homework Save Score: 0 of 1 pt 8 of 1014 complete HW Score: 40%, 4 of 10 pts P5-24 (similar to)

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PL Homework: Chapter 5 Homework Save Score: 0 of 1 pt 8 of 1014 complete HW Score: 40%, 4 of 10 pts P5-24 (similar to) Question Help (Salving for n with non annual perioda) Approximately how many years would like to an investment to grow twofold in were invested at 12 percent compounded weekly Assume that you invests today If you invest 112 percent compounded weekly about how many years would be for your investment to grow wofold to 32 Mint Remember to convert your own to years) years Round to one decimal place) Enter your answer in the box and then click Check Answe All parts showing C MacBook ES Homework: Chapter 5 Homework Save Score: 0 of 1 pt 8 of 10 (4 complete HW Score: 40%, 4 of 10 pts P5-24 (similar to) Question Help (Solving for n with non-annual periods) Approximately how many years would it take for an investment to grow twofold if it were invested at 12 percent compounded weekly? Assume that you invest $1 today. Hyou invest $1 at 12 percent compounded weekly, about how many years would it take for your investment to grow twofold to $2? (Hint. Remember to convert your calculator solution to years.) years (Round to one decimal place.) Enter your answer in the answer box and then click Check Answer Check Answer Clear All parts showing 80 55 @ $ 4 % 5 & 7 00 9 0 2 3 6 T

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