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 )ⁿt to solve the compound interest problem.
It will take approximately ___years.

Question

03-12-2022
Mathematics

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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 )ⁿt to solve the compound interest problem.
It will take approximately ___years.

Sagot :

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