abel4071 abel4071

04-05-2024
Business

Answered

How long will it take for $3,500 to double if it is invested at 7% annual interest compounded 2 times a
year? Enter in exact calculations or round to 3 decimal places.
It will take
years to double.
How long will it take if the interest is compounded continuously?
Compounded continuously, it would only take
years.
Question Help: Video eBook Written Example

Answer :

Other Questions

What is the value of the six in the number 34. 967

the product of two consecutive integers n and n+1 is 42. what is the positive integer that satisfies the situation?

Who was elected president of the Confederate States of America? A. Jefferson Davis B. John C. Calhoun C. Andrew Johnson D. Robert E. Lee

Which sentence is punctuated correctly? A. "Why." Nancy replied, "that might be their taxi cab." B. "When did you land at the airport" she asked? C. Tara said,

Which describes the United States after the American Civil War? A. two nations, one with slavery and one without B. a united nation with no slavery C. a united

Which statement about Charlemagne is not true? A. He was a king of the Franks who helped spread Christianity throughout Europe. B. He was crowned emperor of the

Wendy and Peter each made up a new “Guess My Decimal” game just for you. Use their clues to determine the number. A. Wendy gives you this clue: “My decimal

Which sentence does not contain any errors? A. Let's put our guests in Gregs' room tonight. B. Are both of the actresses families' coming to the show? C. Its a

Which word in the sentence is a predicate nominative? The tallest building in the city has remained the hotel near the park. A. city B. park C. hotel D. buildin

what impact do monsoon winds most on south asia