Time for a LUMP SUM to double

QUESTION

How long will it take $ 200 to double if it earns the following rates? Compounding occurs once a year.a.7%b.10%c. 18%d. 100%

 

ANSWER:

CLICK REQUEST FOR  AN EXPERT SOLUTION

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00