This topic contains a solution. Click here to go to the answer

Author Question: In how many years will money double at 8% compounded yearly? (Read 115 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569

Question 1

In how many years will money triple at 6.4% compounded monthly?
◦ 206.53 years
◦ 1.48 years
◦ 17.21 years
◦ 2.57 years
◦ 17.71 years

Question 2

In how many years will money double at 8% compounded yearly?
◦ 9.01 years
◦ 90.1 years
◦ 2 years
◦ 0.09 years
◦ 0.9 years


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Jipu 123 on Jun 6, 2019

ong527

  • Sr. Member
  • ****
  • Posts: 285
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly




Jipu 123

  • Member
  • Posts: 569
Reply 2 on: Jun 6, 2019
Thanks for the timely response, appreciate it


Dominic

  • Member
  • Posts: 328
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

For a complete list of videos, visit our video library