furahamami85 furahamami85
  • 13-06-2020
  • Mathematics
contestada

simone invests $8000 in an account that compounds interest quarterly and earns 5%. How long will it take for his money to double?

Respuesta :

ItsMelxnie
ItsMelxnie ItsMelxnie
  • 09-06-2021

Answer:

It would take 2 years to double

Step-by-step explanation:

Answer Link

Otras preguntas

Help me please!! I cannot do math! :D
Can someone help me out?
X is normally distributed random variable with mean 63 and standard deviation 6, the probability that X lies between 45 and 81 is
3) Why did Jefferson implement an embargo on other countries? Why didn't it work?
HELP, i might be getting the IPhone XR today what color should i get, BLUE OR WHITE??!!​
Simplify: 5x2 – x + 9 = [?] x=3 Enter
In 2016, the price of a stock decreased by $11. In 2017, the price decreased by $13. Write a sum of two integers equation that represents the overall change in
Pls help!!!! It takes Frank 12 minutes to walk a mile. How many miles can he walk in 1 hour?
If you made 3 lawns and made 25.50 how much per lawn
Which of the following is true of the legislative branch? It leads the Armed Forces. It can ratify treaties. It is made up of nine members. Its members are