aaliyahbarnett1 aaliyahbarnett1

19-04-2022
Mathematics

contestada

If an investment has a 5% annual interest rate and it is compounded
monthly, how many years will it take to double in value?

Respuesta :

djnelson051408 djnelson051408

19-04-2022

Answer:

2 years

Step-by-step explanation:

If it is annunal I think it would be 2 years

5 x annual year (year) =2

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