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

Pretend that you can have 100 of any one thing. What would you choose?why?
Andrea's car get 25 miles per gallon of gas. The cabin is 190 miles away. How many gallons of gas will she need to get there?
can you help explain it but not give me the answer
What is 7/10-1/2 for subtracting fractions
start time 2:15 a.m elapsed time 45 minutes
What is 7/10-1/2 for subtracting fractions
The volume of a cylinder with a base diameter of 15 centimeters is about 402 cubic centimeters. whats the Height?
Thomas walks 2 miles in 45 minutes. At this rate, what time will he arrive at the park if the park is 10 miles away, and he leaves at 8:30 pm
Maria has baked a cake for cathy birthday. The dimensions of the cake are 13 1/2 inches by 6 3/4 inches.The cake is going to be cu t into squares with each piec
Which of the following was not one of the Enlightenment ideas that promoted revolution in France? A.People have natural rights. B. No one should pay taxes. C.G