marissa43 marissa43
  • 23-05-2017
  • Mathematics
contestada

how long will it take for an investment of 2000 to double given an annual interest rate of 6% compounded monthly

Respuesta :

waterbugg
waterbugg waterbugg
  • 23-05-2017
It will take about 16.66 months for the investment to double.
Hope this helps.
Answer Link

Otras preguntas

Whose ideas are most closely associated with the term "dictatorship of the proletariat"?
I need the square root of 9a^2+9b^2
Simplify 6(7z + y) -5y Explain how you solve it.
how do I draw a model for 328 divided by 2
(1) Do you enjoy being out in the fresh air? (2) Does nature restore your spirits? (3) You might want to consider hiking as a hobby. (4) It's a hobby you can be
Im really confused! How do i figure out this problem: 51 is 6% of what number? Someone plz help soon I'm soon confused!
How states of matter can change forms
what did christianity have to offer ancient people?
ella has 50 stacks of ten pennies in each stack. Describe how to find how many pennies ella has in all.
Two separate bacteria populations grow each month and are represented by the functions f(x) = 3x and g(x) = 7x + 6. In what month is the f(x) population greater