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

Answer Link

Otras preguntas

The Women's Christian Temperance Union began by demanding the prohibition of alcoholic drinks, but developed into an organization

According to the ________ hierarchy, the consumer considers purchases based on an attitude of hedonic consumption (such as how the product makes him or her feel

the following statement is false:* a security guard may arrest a person for a misdemeanor if it is committed in new york state.a security guard may arrest a per

Calculate the answer to the correct number of significant digits. 15.3 + 1.285

With what racial issue, promoted by Booker T. Washington, did W.E.B. DuBois NOT agree?

Topic 6 Performance Task Tomas and Emilio have a budget of $200 to plan their party at a movie theater. The party room at the theater costs $45.99 to rent and i

There are 1490 students at Cypress Middle School. 30% of the students are enrolled in PE. How many students are enrolled in PE?

which of the following is a common finding in looking at the statement of cash flows of a declining company? A) determines the ability of the company to pay div

I need help with this question ASAP help !!. The average cow can produce more than 3,536 glasses of milk in a month. In a month with four w

Every day you take the morning train to get to work 15 minutes before your shift begins. Today the train broke down and they think it will take an hour to get f