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Author Question: For an investment having an APY of 4%, estimate the number of years needed to double the principal. (Read 84 times)

cookcarl

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on: May 5, 2020

Question 1

For an investment having an APY of 3%, estimate the number of years needed to double the principal.
◦ 6 years
◦ 12 years
◦ none of these
◦ 10 years
◦ 24 years

Question 2

For an investment having an APY of 4%, estimate the number of years needed to double the principal.
◦ 18 years
◦ 6 years
◦ 4 years
◦ 12 years
◦ none of these
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
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Marked as best answer by cookcarl on May 5, 2020

Andromeda18

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Reply #1 on: May 5, 2020
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.
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cookcarl

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Reply 2 on: May 5, 2020
Great answer, keep it coming :)

bdobbins

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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