Theresa invested $5,000 in an account she expects will earn 23% annually. Approximately how many years will it take for the account to double in value?
Theresa invested $5,000 in an account she expects will earn 23% annually. Approximately how many years will it take for the account to double in value?
Chapter10: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 443RE: Elise invests $4500 in an account that compounds interest monthly and earns 6%. How long will it...
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Theresa invested $5,000 in an account she expects will earn 23% annually. Approximately how many years will it take for the account to double in value?
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