Explore Westonci.ca, the leading Q&A site where experts provide accurate and helpful answers to all your questions. Explore in-depth answers to your questions from a knowledgeable community of experts across different fields. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.
Use the formula A=P(1+r/n)ⁿ⁺ to solve the compound interest problem
Find how long it takes for $ 900 to double if it is invested at 6 % interest compounded monthly.
The money will double in value in approximately years.
(Do not round until the final answer. Then round to the nearest tenth as needed.)
