Question
Your grandma has put $25,000 into a trust account on your behalf, but stipulated that you cannot withdraw the money until the balance has doubled.
Your grandma has put $25,000 into a trust account on your behalf, but stipulated that you cannot withdraw the money until the balance has doubled. How long will you have to leave the money in the account if it earns 6% a year? Please show your work.
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Criminal Justice A Brief Introduction
Authors: Frank Schmalleger
12th edition
134548620, 978-0134548623
