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please answer it correctly Question 4 Use A = P(1 re r - P + where: n A = the amortized amount (total loan/investment amount
please answer it correctly
Question 4 Use A = P(1 re r - P + where: 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 $1,100.00 to double if it is invested at 6% compounded semi-annually. It will take years. (Round answer to 3 decimal places.) > Next Question 1 Type here to search oStep by Step Solution
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