Get the answers you need at Westonci.ca, where our expert community is dedicated to providing you with accurate information. Explore a wealth of knowledge from professionals across various disciplines on our comprehensive Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.
Find how long it takes $2500 to double if it is invested at 6% interest compounded semiannually. Use the formula A=P(1+r/n) to solve the compound interest problem.
It will take approximately years.
(Do not round until the final answer. Then round to the nearest tenth as needed.)
